Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Current Trends of Russian Consumers
18.11.2018 14:37
Current Trends of Russian Consumers

Russians save on food, however, they buy furniture, cars and medicines. Retailers are announcing a decrease in the average purchase amount. According to the retailers’ data which are confirmed by the results of the last survey held at the order of the Central Bank, Russians are still not inclined to spend too much money. Sales networks have recorded a decrease in the average purchase amount in the third quarter of 2018. Kirill Tremasov, the Director of the analytical department of “Loko-Invest” company, wrote about this in his MMI Telegram channel.

      “The decrease in the average purchase amounts for X5, Magnit and Lenta made up 0.2–0.4% year-on-year, whereas food inflation in the third quarter made up 1.6% year-on-year. The two leaders, X5 and Magnit, have negative dynamics of the average purchase amount year-on-year, this trend has been observed for the second quarter in a row”, he notes. This means that, despite the increase in prices, every time people come at the store, they spend a little less money than earlier.

      Find More about Business in Russia


Author: Anna Dorozhkina

Tags: Russian business     

Next Previous

You might also find interesting:

The New Version of the Draft Law on Electronic Employment Records has Become Known
Sales of Russian Wines Reached 52%
Non-cash Tips in Moscow
Ozon.Invest P2B Financing Service
Russian Railways Launches its Own Corporate Accelerator for High-tech Startups

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Buddhism  Andronaut  Russian business  Russian women  Liski  ENEA  Van Gogh  Dismountable Cycle Track  St. Petersburg  Russian courts  Russian tourism  biology  Russian Cinema  Peter Hook  Festivals in Moscow  Rina Zelyonaya  travel to Russia  Vilyuchinsky Pass  Tretyakov Gallery  Exhibitions in Moscow  domestic violence  Russian theatres  Russian Theater  Omsk  Ust-Labinsk  Moscow Zoo  Artiom Dzyuba  Moscow  Sergei Filin   Animation Festival  Astrakhan  Mercedes-Benz Fashion Week Russia  Grozny  Moscow airports  Bio Printing  Open-Air Concerts  Trans-Siberian Railway  Murmansk  Genghis Khan  Orlov Paleontology Museum  Russian regions  Installations  Chekhov  All Events  Adygea  Russian television  Gazprom  Book Tickets for Ballet  Russian Music Instruments  Year of Literature in Russia 

Travel Blogs
Top Traveling Sites