“the Overall consumer confidence index in the second quarter rose to minus 31%, compared to minus 36% in may. Leading indicators also improved markedly compared to the may values, and the indicators reflecting the assessment of the past periods did not change”, – stated in the message.
the Main concern for the Russians, as the index, remains health – 64% of respondents. Compared with the second quarter of 2019 5 percentage points to 45% decreased the proportion of citizens concerned about high inflation expectations.
the weakening of the ruble, the report says, also now concerned about a much smaller number of respondents than in previous periods of high volatility.
In the savings Bank also noted that despite the increased sensitivity of the average Russian prices, the dynamics of food purchases has improved, and the share of saving on food has decreased.
“In this regard, the falling popularity of the promotions that suit stores. The share of “Ivanov”, who thus save on the purchase of food decreased from 61% in the first quarter of 2020 and 56% in the second quarter. At the moment, the average Russian spends on food for 38.8% of their income. Last year in the same period this figure was 37.8 per cent”, – stated in the message.
Significant support, stress in the savings Bank, in today’s economic situation, “Ivanov” had a payment from the state in connection with the epidemic COVID-19. According to the financial organization, or that their appearance is expected to receive nearly half of respondents – 45%. Most of waiting for support to get child benefits: 32% – 10 thousand per child aged 3 to 16 years 10% – 5 thousand on a child under the age of three. “The proportion of those who relied on other types of payments, varies from 1% (entrepreneurs and health workers) to 4% (recipients of food packages),” said the Bank.
assistance from the state, the Russians plan to send living expenses: food (45%), clothing (13%), goods for children and home (9% and 7%, respectively).
the Survey was conducted between June 1 and June 20 after the beginning of a weakening of the quarantine.
“Ivanov Index” – the consumer confidence index reflects the dynamics and structure of expenses of the average Russian citizen, and his perception of the economic situation in the country. Issued quarterly since 2013, a group of analysts Sberbank Investment Research. The index takes into account the dynamics of indicators such as consumer spending, savings, consumer behavior and consumer confidence in General.
