As the Russian economy is benefiting from high oil prices, households spent 22% more on the purchase of goods and services in the reporting period compared to January-February 2006, the State Statistics Service said.
In February 2007, the nominal accrued wage per employee was 11,659 rubles ($448) on average, up 2% against January, and 26.4% more than in February 2006, the service earlier said.
Russian household savings increased 1.6% in the reporting period to 397.2 billion rubles (about $15.28 billion), the statistics body said.
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The clash of Russian and Western interests has given rise to a geopolitical battle. German politicians are trying to leave all doors and windows open for dialogue with Russia. Moscow does acknowledge this, and Germany is probably the only country with which it is ready to discuss European security.