Russian consumers will economise in downturn
Russia's economic problems are starting to affect consumer buying habits and tastes
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In this article
- Household demand contraction
- Inflation
- Falling wages
- Crisis may last two more years
- Consumers adapting to challenges
- Hoarding food
- Airbnb growth
- Key changes
- Whole population affected
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
_350.jpg "A customer shops at a grocery store in Moscow (Reuters/Maxim Zmeyev)")