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Consumer Confidence

A survey passed onto consumers having them rate and ask their opinion regarding the future of economic conditions. This measure is calculated in Quarterly frequency by Federal State Statistics Service. A leading indicator reflecting on consumer spending that could drive the future of the economy if the statistic is at optimistic values.

 Russian Consumer Confidence

Russian Consumer Confidence climbed slightly on a monthly basis by 6.67%, compared to previous month’s values. Results were reported at -14, ascending faintly from previous month’s value of -15. Consumer Confidence in Russiapeaked at an all-time high point of1 in the third quarter of 2008and hit rock-bottom at-59 in the fourth quarter of 1998.