Russia has sharply decreased the volume of citizens ‘ savings. This is largely due to fears of losing money in the crisis caused by the pandemic coronavirus, write “news”.
According to the Central Bank of the Russian Federation, in 2018, the Russians kept savings in Bank deposits (54%) and cash (46%). But last year, citizens have practically refused from savings in “real” money.
In 2020, the situation changed dramatically: the pandemic coronavirus cash has once again become popular. The Russians began to withdraw money from their accounts for fear of losing them as a result of the crisis. In addition, during the isolation of the savings went to the purchase of goods storage.
last year, the growth of savings of Russians decreased almost 14% from around 2.5 trillion to 2.1 trillion roubles. As suggested by the economist “BCS Premier” Anton Pokatovich, this year this trend will continue and increase in savings will be reduced by 30-40%. Thus to save for a “rainy day” citizens will be able not more than 1.3–1.5 trillion rubles.
Read the story: Study: two thirds of Russians spend more than half of the budget on food
