Image: Russian Matroshka. Stock Photo. Pixabay.com
Russian consumer confidence is the worst in a decade in one recent survey, and near the low-water mark in another.
In addition, the Russian public is becoming exhausted with having to count kopeks and go without, according to experts commenting on the situation.
Consumer confidence that is dropping, flat or barely increasing is also the norm in other ex-Soviet countries, according to spending-sentiment trackers.
Nielsen reported a consumer-confidence-index score of 63 for Russia in the first quarter of 2016. That was the lowest since the company began surveying Russian consumer sentiment in 2005. The index stood at 72 …read more
Source: The Huffington Post
