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Rise in the inflation in 2004 through 2006 was mostly attributable to the rise of:
- social expenditures of the budget compared to goods offer.
- housing and utilities infrastructure rate.
- grocery output costs, heating systems and city transport infrastructure stimulated by fuel and oil price rising.
Most of employed population accounting for 60% is involved in business, nearly 27% working on enterprises and organizations owned by the government or a city. The rest population is working at companies with foreign investments or joint companies. Nearly 0.6 million of people are working in small-size businesses.
Unemployment rate, measured in accordance with the International Labor Organization standards, was 150 thousand of people. 17.3 thousand of people are registered for Placement service. By 2009, based on predictions the two figures will rose within 12%.
Over the last years Saint-Petersburg has strengthened its position as the financial center in North-West of Russia. By the number of lending organizations the city is ranked second in the Russian Federation behind Moscow. Ended 2007, 50 lending organizations are operating in the city, notably: (43 banks, 7 loan associations), 114 offices of Banks based in other cities and 24 foreign banks.
Any help will be highly appreciated.
Thank you very much.
Rise in the inflation in 2004 through 2006 was mostly attributable to the rise of:
- social expenditures of the budget compared to goods offer.
- housing and utilities infrastructure rate.
- grocery output costs, heating systems and city transport infrastructure stimulated by fuel and oil price rising.
Most of employed population accounting for 60% is involved in business, nearly 27% working on enterprises and organizations owned by the government or a city. The rest population is working at companies with foreign investments or joint companies. Nearly 0.6 million of people are working in small-size businesses.
Unemployment rate, measured in accordance with the International Labor Organization standards, was 150 thousand of people. 17.3 thousand of people are registered for Placement service. By 2009, based on predictions the two figures will rose within 12%.
Over the last years Saint-Petersburg has strengthened its position as the financial center in North-West of Russia. By the number of lending organizations the city is ranked second in the Russian Federation behind Moscow. Ended 2007, 50 lending organizations are operating in the city, notably: (43 banks, 7 loan associations), 114 offices of Banks based in other cities and 24 foreign banks.
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