Real-time retail consumption tracker for July 6 – 12, 2020
Computers and software are the last week’s leaders in consumer spending among all categories that are in the black, having added 71.1% w-o-w, mainly due to software, rather than hardware. Russians spent a lot on computer games between July 6 and 12.
Families and single people keep packing bags and taking cabs to railway stations or airports, while their expenses on trips, hotels, and airline tickets is rebounding. Hotels, for instance, only have to regain 39.5% to reach their 2019 level, given that Russia has not reopened its national border yet. Back in April this category plummeted to –96.3% y-o-y.
Spending decline in the Travel Agencies category decelerated to –36.3% y-o-y, which is impressive compared to April’s –97.9%.