While the private consumption growth rates have been fluctuating in Russia over the entire period under consideration, the coronavirus (COVID-19) outbreak left an undeniable mark, sinking the figure to the lowest over the observed timeframe in 2020. Both private and public consumption growth rates were expected to develop at moderately positive rates in the following years, and reach approximately 2.5 percent by 2023.
Year-on-year growth of private and public consumption in Russia from 2017 to 2023
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Public
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European Commission. (November 11, 2021). Year-on-year growth of private and public consumption in Russia from 2017 to 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1115618/russia-forecast-consumption-growth-by-type/
European Commission. "Year-on-year growth of private and public consumption in Russia from 2017 to 2023." Chart. November 11, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1115618/russia-forecast-consumption-growth-by-type/
European Commission. (2021). Year-on-year growth of private and public consumption in Russia from 2017 to 2023. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1115618/russia-forecast-consumption-growth-by-type/
European Commission. "Year-on-year Growth of Private and Public Consumption in Russia from 2017 to 2023." Statista, Statista Inc., 11 Nov 2021, https://www.statista.com/statistics/1115618/russia-forecast-consumption-growth-by-type/
European Commission, Year-on-year growth of private and public consumption in Russia from 2017 to 2023 Statista, https://www.statista.com/statistics/1115618/russia-forecast-consumption-growth-by-type/ (last visited August 24, 2024)
Year-on-year growth of private and public consumption in Russia from 2017 to 2023 [Graph], European Commission, November 11, 2021. [Online]. Available: https://www.statista.com/statistics/1115618/russia-forecast-consumption-growth-by-type/