More than one half of Russians have experienced financial troubles due to the coronavirus (COVID-19) pandemic as of the end of 2020. Furthermore, 16 percent of survey respondents did not feel a significant impact on their income, although became more conscious about their spending.
Effect of the coronavirus (COVID-19) pandemic on consumption patterns in Russia from September to December 2020
The source defined the groups as follows:
"Existing Constrained – were financially constrained already prior to COVID-19; Newly Constrained – experienced decline in the financial situation, started watching their budget more consciously recently; Cautious Insulated – no significant effect on income, but started being more conscious about spending; Unrestricted Insulated – financial situation has not changed or improved, no need to watch their spending."
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New Retail Russia. (February 22, 2021). Effect of the coronavirus (COVID-19) pandemic on consumption patterns in Russia from September to December 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1225533/consumption-patterns-change-due-to-covid-19-pandemic-in-russia/
New Retail Russia. "Effect of the coronavirus (COVID-19) pandemic on consumption patterns in Russia from September to December 2020." Chart. February 22, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1225533/consumption-patterns-change-due-to-covid-19-pandemic-in-russia/
New Retail Russia. (2021). Effect of the coronavirus (COVID-19) pandemic on consumption patterns in Russia from September to December 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1225533/consumption-patterns-change-due-to-covid-19-pandemic-in-russia/
New Retail Russia. "Effect of The Coronavirus (Covid-19) Pandemic on Consumption Patterns in Russia from September to December 2020." Statista, Statista Inc., 22 Feb 2021, https://www.statista.com/statistics/1225533/consumption-patterns-change-due-to-covid-19-pandemic-in-russia/
New Retail Russia, Effect of the coronavirus (COVID-19) pandemic on consumption patterns in Russia from September to December 2020 Statista, https://www.statista.com/statistics/1225533/consumption-patterns-change-due-to-covid-19-pandemic-in-russia/ (last visited July 22, 2024)
Effect of the coronavirus (COVID-19) pandemic on consumption patterns in Russia from September to December 2020 [Graph], New Retail Russia, February 22, 2021. [Online]. Available: https://www.statista.com/statistics/1225533/consumption-patterns-change-due-to-covid-19-pandemic-in-russia/
