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In Dagestan and the KBR, hotel prices have risen sharply in the summer season
Economy
In Dagestan and the KBR, hotel prices have risen sharply in the summer season
7 June 2023

In the context of the closure of European borders and the rise in price of foreign tourism, the republics of the North Caucasus are in the TOP-5 for booking rooms for the summer. This was reported by the Association of Tour Operators of Russia (ATOR).

The NCFD has the fewest residents with above-average incomes
Economy
The NCFD has the fewest residents with above-average incomes
6 June 2023

Ingushetia and the KChR are named the most lagging regions in terms of the share of residents with incomes above the national average (45 thousand rubles). Those are 4.4% and 6.7% of citizens, respectively.

The lowest salaries in Russia were recorded in the KBR and Ingushetia
Economy
The lowest salaries in Russia were recorded in the KBR and Ingushetia
6 June 2023

In the first quarter of 2023, Ingushetia and the KBR revealed the lowest average salary in Russia. According to Rosstat, it is 26 thousand rubles.

Officials and security officials have the highest salaries in the North Caucasus Federal District
Economy
Officials and security officials have the highest salaries in the North Caucasus Federal District
3 June 2023

The most highly paid types of economic activity in the North Caucasus Federal District are public administration and military security. In particular, the highest salaries in these areas are in Chechnya (56,300 rubles), according to Severo-Kavkazstat.

The capitals of Dagestan and North Ossetia are among the leaders in the growth of prices for small apartments
Economy
The capitals of Dagestan and North Ossetia are among the leaders in the growth of prices for small apartments
2 June 2023

Apartments on the secondary market up to 32 sq. m continue to rise in price almost throughout the Russian Federation. Since the beginning of the year, the price of square meters has grown most noticeably in Magnitogorsk (+16.1%), Chelyabinsk (+15.8%), Novokuznetsk (+13.6%), Makhachkala (+13.4%), Kemerovo (+ 11%) and Vladikavkaz (+10.8%).

Indebtedness on loans has sharply increased in the North Caucasus
Economy
Indebtedness on loans has sharply increased in the North Caucasus
1 June 2023

Residents of the North Caucasus have taken loans, including mortgages, for 828 billion rubles. This is a record figure since 2010, according to the Central Bank.

Families in the North Caucasus Federal District turned out to be the poorest
Economy
Families in the North Caucasus Federal District turned out to be the poorest
29 May 2023

The subjects of the North Caucasus Federal District are on the very last lines in the ranking of regions of the Russian Federation in terms of family well-being. In the RIA Novosti study, Kabardino-Balkaria occupies the last place.

The maximum mortgage term is fixed in Ingushetia - 27 years
Economy
The maximum mortgage term is fixed in Ingushetia - 27 years
26 May 2023

The average mortgage term in the Russian Federation has grown over the previous three years from 18 to 24 years. Since the beginning of the year, this loan with the longest terms was issued in Ingushetia (27 years), as well as in the Krasnodar Territory and Tyumen Region (26 years each).

Sales of used cars increased in the North Caucasus Federal District
Economy
Sales of used cars increased in the North Caucasus Federal District
24 May 2023

In January-April 2023, 140.3 thousand used cars were sold in the North Caucasus Federal District. Compared to the same period in 2022, the indicator increased by 16.8%.

In Chechnya, housing commissioning has halved
Economy
In Chechnya, housing commissioning has halved
22 May 2023

In Chechnya, for the period from January to April 2023, 497 thousand square meters were put into operation. m of housing. This is half as much as in the same period last year. This was reported by Severo-Kavkazstat.