From October to December 2021, the volume of household spending in Russia reached approximately 17 897 billion rubles. This represents a 23.1% increase to the corresponding period of the previous year in current prices, not adjusted for inflation.
Adjusted by price deflator 110.8, the change of Russian household spending at comparable prices amounts to plus 11.1% to the same period of the previous year.
The share of manufactured goods within the total household spending amounted to 37.2% in the reporting months. This is down 1.8% from the same period a year ago.
We are tracking this indicator more closely, particularly the performance of various Russian regions, within our extended Market Reports.