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Russia December Wage Arrears: Summary

Following is a summary of the December wage arrears report from the Federal Service of State Statistics in Moscow:

============================================================================
                                    Dec.        Nov.        Oct.       Sept.
                                    2011        2011        2011        2011
============================================================================
                               -------------------Million rubles------------
Total                              1,766       2,188       2,427       2,389
 Federal budget                        2         103          37          13
 Local budgets                         6           9           5           2
 Company funds                     1,758       2,075       2,383       2,370
                               -------------------Monthly % change----------
Total MOM %                       -19.3%       -9.9%        1.6%        2.1%
 Federal budget                   -97.5%      180.0%      190.0%       91.6%
 Local budgets                    -38.3%       59.6%      150.0%       71.0%
 Company funds                    -15.3%      -12.9%        0.5%        1.8%
============================================================================
SOURCE: Federal Service of State Statistics of Russia

To contact the reporter on this story: Zoya Shilova in Moscow at zoya@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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