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How Much Russians Spend per Shopping Trip

On average, consumer expenditures are growing in Moscow and St. Petersburg and remaining stable elsewhere

 
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This post first appeared on Russia Insider


Over the last three months, the average shopping trip bill has remained at the same low level it was four years ago. According to Romir Research Holding, in April it added only 2 rubles compared to March, for a total of 493 rubles (the exchange rate for the first quarter of 2016 fluctuated between 65-70 rubles to 1 USD – ed). This is reflected in the monthly inflation rate of 0.4% according to the Federal State Statistics Service. However, over a year, it dropped by 7.3%, an almost 15% drop counting inflation, with April showing a reduction in everyday expenses, including food products. We still shop for the best prices, but now we are more detached, as pointed out in the report. 

Statisticians emphasized that consumers try to spend less money than last year. However, everyday saving didn’t help in February and March, when there was an aggregate growth in expenditures. In April they dropped a little, perhaps due to Lent.  

Average receipts across regions scarcely changed. In April, the same rate of 556 rubles as in March was seen in the Central Federal District. There was considerable oscillation in the average bill in the Southern and Siberian Districts, which increased the most in the Volga Federal District – by 4.4% compared to March. 

The average sales receipt decreased by 3.2% in Saint Petersburg, at 627 rubles in April compared to 648 rubles in March. The average Moscow bill also dropped in April from 659 rubles to 650.  

In general, Moscow and Saint Petersburg stood out from the general picture of receipts in cities with more than a million population in April. The average receipt in megalopolises  all over the country rose by 4.6% in April. In other cities, it stayed the same as in March.


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