“We have already passed the peak of the decline in consumption, now the only question is, how quickly will it all recover?”
- RIA Novosti quotes him.
He noted that the consumer market is growing, but at an insufficient pace.
“I set myself the task of recovering.... seasonally adjusted indices were about 0.8-1% per month... Experience shows that this trajectory is optimal at the recovery stage.
It is now somewhere between 0.2-0.5%, two times lower than we would like to see," Belousov said.
According to him, this situation is connected with the slow recovery of real wages and the curtailment of consumer lending.
Earlier, the press service of the National Bureau of Credit Histories (NBKI) told RT how the approach of the New Year affects the credit activity of Russians in December.