Russia Consumer Spending - Forecast

Consumer Spending in Russia is expected to be 10850.00 RUB Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Russia to stand at 8000.00 in 12 months time. In the long-term, the Russia Consumer Spending is projected to trend around 8560.00 RUB Billion in 2020, according to our econometric models.


Russia Consumer Spending
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Russia Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence -11 -9 -7 -6 -6 -4
Retail Sales MoM -1.4 5.8 1.3 -0.8 23.7 22.8
Retail Sales YoY 2.7 2.1 3.1 3.4 2.7 5.4
Consumer Spending 11787 10850 11220 7640 8000 8560
Consumer Credit 11691314 11200000 11200000 12712916 11400000 12000000
Private Sector Credit 35514771 37321980 38086446 38661679 39079673 38347602
Bank Lending Rate 9.88 9.3 9.1 18.79 8.8 7.5
Disposable Personal Income -0.3 1.7 2.9 2.5 2.9 4.8
Gasoline Prices 0.71 0.76 0.75 0.7 0.79 0.9
Consumer Confidence Economic Expectations -3 -4.88 -5.09 -5.26 -5.46 -6.37