Sochi was ranked only 4th on the economic growth rate in Kuban


Sochi was ranked 4th on the social and economic growth rate in the Krasnodar Krai rating for the 1st quarter of 2013, repeating the previous year’s result.

Sochi is ranked 2nd after Goryachy Klyuch among territories with the resort and tourism specialization, Sochi-24 informs.

At present Sochi demonstrates the lowest official unemployment rate of 0.2%, while the Krai result is 0.8%. According to the Sochi administration, the average salary in the city has grown by 17.5% in 2013, as compared with the similar period of 2012.

English translation by BSNews

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