Russia Consumer Confidence

Russia

Russia: Consumer confidence improves further in Q2

July 5, 2012

The consumer confidence index published by the Federal State Statistics Service (Rosstat) picked up to minus 4.0% in the second quarter, up from the minus 5.0% recorded in the first quarter. Despite remaining in negative territory, consumer confidence now sits at its highest level since the third quarter of 2008. Respondents' to the survey have a less pessimistic evaluation regarding both the general economy and their personal financial situation. Accordingly, prospects for large purchases increased by 2.0 percentage points compared to the previous quarter.


Author:, Head of Data Solutions

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Russia Consumer Confidence Q2 2012

Note: Consumer Confidence Index. Values above 0 indicate an optimistic outlook while values below 0 indicate a pessimistic outlook.
Source: Federal State Statistics Service (Rosstat).


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