Russia Consumer Confidence


Consumer confidence picks up in the third quarter

The consumer confidence index, published by the Federal State Statistics Service (Rosstat), improved from minus 9.0% in the second quarter to minus 7.0% in the third quarter, which drove consumer sentiment to the same level observed in the second quarter last year. The improvement in the index was broad-based, with a majority of the main sub-categories performing better than in the previous quarter.

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