IDEAS home Printed from https://ideas.repec.org/p/gai/ppaper/ppaper-2022-1223.html
   My bibliography  Save this paper

Retail trade, services and consumer prices in Russia in 2021: recovery to the pre-pandemic levels

Author

Listed:
  • Burdyak Alexandra

    (RANEPA)

Abstract

The volume of retail trade in 2021 exceeded that of the previous year by 7.3% in comparable prices; the volume of paid services consumed by households increased by 17.6% in annual terms.2 In 2021, growth in household consumption of goods and services was largely of a recovery nature, after as a result of pandemic-related restrictions their indices had declined in 2020 by 3.2% and 14.8% relative to 2019, respectively. The two-year movement of the volume of paid services (2019–2021) is near zero (+0.2%). The two-year growth in retail sales of foodstuffs, including beverages and tobacco products, amounted to 0.6%. The sales of non- food goods gained 7.1% relative to 2019. The cumulative retail turnover growth over two years amounted to 3.9% in comparable prices.

Suggested Citation

  • Burdyak Alexandra, 2022. "Retail trade, services and consumer prices in Russia in 2021: recovery to the pre-pandemic levels," Published Papers ppaper-2022-1223, Gaidar Institute for Economic Policy, revised 2022.
  • Handle: RePEc:gai:ppaper:ppaper-2022-1223
    as

    Download full text from publisher

    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2022-1223.pdf
    File Function: Revised Version, 2022
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Russian economy; retail trade; consumer price index; household consumption; paid services;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • I19 - Health, Education, and Welfare - - Health - - - Other

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gai:ppaper:ppaper-2022-1223. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aleksei Astakhov (email available below). General contact details of provider: https://edirc.repec.org/data/gaidaru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.