Ural Federal District: People’s Spending Down 11.9%

13 June 2017 (12:38)

UrBC, Moscow, June 13, 2017. Russians based in Ural Federal District spent 11.9% less money last year compared with one year previously, Romir reports. In monthly terms, the decrease amounted to 9.2%.

According to Romir, Russians’ overall daily spending went up a bit in May 2017 as usual (+1.3% on April 2017), which is three times more than the official inflation rate of 0.4%.

The decrease in the average amount people spent per supermarket trip this May could have to do with the fact that they go shopping more often or, more likely, that they go to more different locations to shop. Most of the purchases fell into the groceries category (69%), which means Russians keep having to cut down on non-food items, just like one month earlier.

People based in cities with population over 1m spent 1.5% more money last month than in April 2017 and 2.1% less money than in May 2016, whereas those living in towns with population over 100,000 people spent 2.1% less money in May 2017 than in April 2017 and 11.4% less money than in May 2016.

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