Russia: Consumer confidence picks up in the third quarter
October 13, 2011
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.
Author: Armando Ciccarelli, Head of Data Solutions