ISSN 2712-7834
Smirnov Sergei

Smirnov Sergei

DrS (Econ. Sci.), Head of the Centre for Social Programmes and Risks Analysis, Institute for Social Policy, National Research University “Higher School of Economics”, Leading Researcher at the Institute of Scientific Information for Social Sciences of the RussianAcademy of Sciences (Moscow, Russia)

The impact of the COVID-19 pandemic on the Russian consumer market: statistical analysis

Thequarantine measures introduced in Russia and its regions in the first half of 2020 caused negative consequences for the economy as a whole and its various sectors in particular. One of the most affected was the consumer market. The article provides a quantitative assessment of the impact of quarantine measures on individual components of the consumer market sector, analyzes the pace of its recovery in May-July 2020 after gradual easing of quarantine measures. It is arguedthat the further development of the situation is difficult to predict due to the uncertainty of the situation with the dynamics of the pandemia.

Keywords: consumer market; COVID-19 pandemia; personal income; economic damage; archaic consumption.

For citation: Smirnov S.N. The impact of the COVID-19 pandemic on the Russian consumer market: statistical analysis // Social novelties and Social sciences. – No 2. – p. 149-159.
DOI: 10.31249/snsn/2020.02.09
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