Russians demonstrate record pessimism as economic slump goes on

Diverse Paper Currency, Coins, Line Graph

The results of a new survey shows consumers in Russia are at their gloomiest for 11 years as disposable income dries up, with many unable to afford a vacation. (Russia Beyond the Headlines – – ANNA KUCHMA, RBTH – May 4, 2016) Russian consumers are more negative about their economic prospects than they have been for the last 11 […]

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Russian Consumer Confidence Falls to Historic Lows

File Photo of Older Russian Woman Shopping in Grocery Store

(Moscow Times – – April 30, 2016) Consumer confidence in Russia fell to 63 points in the first quarter of this year on Nielsen’s Consumer Confidence Index, the lowest level since records began in 2005, the Kommersant newspaper reported Friday. In the same period last year, the index stood at 72 points, the newspaper reported. According to Nielsen, a […]

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