Russian business has noticed the end of the crisis


www.vsyako.netPhoto: Kirill Kallinikov / RIA Novosti

The turnover of small and medium business in Russia has increased and surpassed the averages of February by eight percent over the past two weeks, according to Tinkoff CoronaIndex.

In Moscow the figure was six percent. The biggest increase in activity was observed in the segments of entertainment, culture and sports (plus 148 per cent), work clothing stores (plus 95 percent), and the recovery has been in the real estate sector (plus 71 percent).

The end of the crisis is also evidenced by the growth of Express delivery (plus 91 percent in February), e-commerce (plus 74 per cent) and retail trade electronics (plus 47 percent). The most active day was June 11, when the index reached 7.3 percent. However, despite the positive trend, in Moscow, consumer spending came in below February’s 10 percent, and in Russia in General — by three percent.

Tinkoff CoronaIndex shows how the changing business life in Russia under the influence of restrictive measures imposed because of the pandemic coronavirus. The value of the index equal to 10, means the peak of consumer and business activity, the last time he was recorded in December 2019.

Earlier it was reported that representatives of the Russian business were more likely to admit it in fear of the security forces.

Video, photo All from Russia.


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