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Changes In Russian Household Consumption Have Increased Spending On Footwear And Clothing

2014/10/6 18:46:00 27

RussiaHousehold ConsumptionFootwear And Clothing Expenditure

Compared with 2013, the average consumption of Moscow restaurants has decreased, while the consumption of grocery stores has increased.

In other parts of Russia, residents' spending has not changed much.

  

Russia

Foreign trade bank 24 to Moscow and other parts of Russia residents in cafes, restaurants, grocery stores, electrical appliances stores,

clothing

and

shoes

The consumption of POS terminals in large trade outlets such as shops is analyzed.

The study was conducted from August 2013 to August 2014.

The survey showed that citizens of Moscow began to reduce consumption in restaurants and cafes.

In August 2014, the average consumption in this area was 1568 rubles, which was 226 rubles compared with the same period in 2013.

Monthly automatic trading volume is 197 thousand single.

On the contrary, the consumption of Moscow residents in grocery stores has increased.

If we buy food in 2013, the average consumption will be 722 roubles, now 1860 rubles.

Another trend is that Moscow spends less and less on the acquisition of expensive appliances.

The average consumption of Moscow appliance stores is 12000 rubles, less than 1000 rubles compared with August 2013.

But Moscow's spending on clothing and shoe stores has increased to 4101 rubles.

In other parts of Russia, these indices have not changed much.

Of course, the activities of customers depend heavily on seasonal factors.

The biggest automatic trading volume is during the long holidays.

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According to data released recently by the India Garment Export Promotion Council, the total export volume of garments exported to India reached US $7 billion 76 million in the 5 months since April 1, 2014, up 17.9% from 6 billion 2 million in the same period last fiscal year.

It is reported that in August this year, India's clothing exports totaled 1 billion 384 million US dollars, up 23% from the same period last year.

In the first 7 months of this year, according to available data, the total exports of garments to the United States in India amounted to US $2 billion 151 million, up 5.62% from the same period last year.

In the US, imports from other major suppliers declined, except for the total value of garments imported from Vietnam and India.

In the first half of 2014, the export of garments exported to India increased by 16.33% over the same period last year, reaching US $3 billion 483 million. In the same period, the total EU garment imports amounted to US $45 billion 59 million, up 12.63% over the same period last year.

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