Photo: Anton Podgaiko / TASS
The share of Russians who are forced to save money on clothes, holidays and entertainments, in the second quarter of 2019 fell two percentage points to 67 percent, according to the results of a survey conducted by research company Nielsen, excerpts of which leads owned by Grigory Berezkin RBC.
According to the authors, the available funds available to 76 percent of Russians. To spend them they are not ready at all: only 37 percent of respondents are considering buying new clothes, 31 percent of vacation costs, 20 per cent on entertainment outside the home. The figures increased in all categories compared with last year: four, one and five percentage points respectively.
The authors also calculated the consumer confidence of Russians. It consists of three parameters: the proportion of people expecting “good” or “excellent” financial prospects in the next six months (increased by eight percentage points to 33 per cent), the proportion who consider the present time suitable for spending money (up six percentage points to 20 percent) and the proportion of people positively rating their prospects in the labour market (unchanged at 20 percent).
The number of citizens who believe that the national economy is in recession, fell by two percentage points and amounted to 77 percent. Respondents edition analysts attributed the rise in consumer confidence of the Russians a stable exchange rate and moderate inflation.
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