Russia Consumer Confidence

Russia

Russia: Consumer confidence deteriorates in Q3

October 9, 2012

The consumer confidence index published by the Federal State Statistics Service (Rosstat) dropped to minus 6.0% in the third quarter, down from the minus 4.0% observed in the second quarter. The reading marked the first decline after recording five consecutive improvements. Respondents' to the survey showed a more pessimistic evaluation regarding both the general economy and their personal financial situation. On a positive note, prospects for large purchases increased by 1.0 percentage points compared to the previous quarter.


Author:, Head of Data Solutions

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Russia Consumer Confidence Q3 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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