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All researches
3 November 2020

Real-time retail consumption tracker for Oct 26 - Nov 1, 2020

Between October 26 and November 1, the weakening of consumer spending accelerated to reach –10.8% y-o-y after a decline under 2% y-o-y a week before that, SberIndex analysts say.

The overall dynamics proved to be the worst since late May, including with regards to spending across non-food items (–5.0% y-o-y) and the service sector (–32.0% y-o-y).

The consumer activity index tracked by SberIndex.ru lost 2.3 points over the week to slide down to 71.3 points.

Grocery spending emerged higher than over the same stretch last year (+3.1%). The demand for medications and healthcare products stays high (+34.3% y-o-y).

  • COVID-19
  • Expenses