The dynamic of consumption: a major cut in households’ spending

E. Avraamova and D. Loginov
Additional contact information
E. Avraamova: Gaidar Institute for Economic Policy
D. Loginov: Gaidar Institute for Economic Policy

Russian Economic Development, 2015, issue 11, 66-68

Abstract: Reduction of consumption is observed with all the groups of households. Households start to give up consumption of relatively expensive products, while a quarter of respondents of the social monitoring is prepared to save on food. Spending on pharmaceuticals, particularly, among low-income individuals have decreased. Maximum cuts were observed in spending on tourism abroad. Households have started to use less babysitting services and nursing services for sick relatives.

Keywords: households; Russian economy (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.iep.ru/files/RePEc/gai/recdev/608Avraamova.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gai:recdev:608

Access Statistics for this article

Russian Economic Development is currently edited by Alexei Vedev

More articles in Russian Economic Development from Gaidar Institute for Economic Policy Contact information at EDIRC.
Bibliographic data for series maintained by Olga Beloborodova ( this e-mail address is bad, please contact ).