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Monthly nominal consumer spending growth in Russia between January to April 2019 and January to April 2020

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Source

Release date

May 2020

Region

Russia

Survey time period

January to April 2019 and January to April 2020

Number of respondents

40,000 respondents*

Supplementary notes

* The Romir Scan Panel is based on household consumption data from 40,000 Russians, 15,000 households in 220 cities with a population of 100 thousand or more, revealing consumer behavior in the Russian cities. Panel members scan QR codes from shopping tickets and sent it to the scan panel database.

Citation formats

Monthly nominal consumer spending growth in Russia 2019-2020

Published by D. Clark, May 20, 2020
The gap between the annual nominal household expenditure in 2019 and 2019 in Russia was prominently significant in month of March, which coincided with the outbreak of the coronavirus (COVID-19) in the country. Namely, the nominal spending growth of Russian households in March of 2020 was measured at 205 percent, versus the 181 percent growth rate marked in the same month of 2019. By April 2020, expenditure growth rates dropped to 171 percent.
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