Russia: consumer spending growth during COVID-19 2020

From June 29 to July 5, 2020 Russians consumers spent over six percent more than in the previous week on goods and services. The COVID-19 pandemic, together with the fall of the Russian ruble, led to a decline in consumer activity by over 21 percent between March 30 to April 5, 2020.

Week-on-week consumer spending growth in the view of the coronavirus (COVID-19) in Russia from January 6 to July 12, 2020*

Characteristic	Consumer spending growth
Jul 13-19***	-
Jul 6-12**	0.5%
Jun 29-Jul 5	6.2%
Jun 22-28	-1.7%
Jun 15-21	-0.5%
Jun 8-14	3.9%
Jun 1-7	9.8%
May 25-31	3%
May 18-24	1.7%
May 11-17	10%
May 4-10	-5.2%
Apr 27-May 3	5.3%
Apr 20-26	-4.3%
Apr 13-19	3.9%
Apr 6-12	2.9%
Mar 30-Apr 5	-21.3%
Mar 23-29	-6.1%
Mar 16-22	5%
Mar 9-15	1.2%
Mar 2-8	-0.1%
Feb 24-Mar 1	-1.8%
Feb 17-23	1.4%
Feb 10-16	2.3%
Feb 3-9	-2.7%
Jan 27-Feb 2	-0.3%
Jan 20-26	1.2%
Jan 13-19	-0.1%
Jan 6-12	0%

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Release date

July 2020

More information

Region

Russia

Survey time period

January 6 to July 12, 2020

Supplementary notes

* Estimates based on Sberbank data.
** The source specified that the week-on-week changes were insignificant and provided the figure of 0.5 percent citing Evotor, which is part of Sberbank Group.
The statistic has been assembled using several reports by the source.

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