Russia Consumer Confidence
OECD standardised consumer confidence indicator (long-term average = 100).
Consumer Confidence in Russia increased to 99.61 points in May 2023 from 99.32 points in Apr 2023.
Russia Consumer Confidence — History
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Russia Consumer Confidence — analysis in simple words
Latest reading
Consumer Confidence in Russia increased to 99.61 points in May 2023 from 99.32 points in Apr 2023.
It has risen in each of the last three months.
Recent trend
A year earlier (May 2022) it was 95.63, so the latest figure is 3.98 higher.
Over the past five years the average was 98.36, with a range from 95.63 to 101.03. The latest value is above that five-year average.
Historical context
This data series starts in Nov 1998 and has 295 monthly observations. The latest reading is higher than 40% of all of them.
The highest value on record is 103.91 (Jun 2007) and the lowest is 89.67 (Nov 1998). The long-run average is 99.62.
Statistics
- Latest
- 99.61May 2023
- Previous
- 99.32
- 5-year average
- 98.36
- Long-run average
- 99.62since Nov 1998
- All-time high
- 103.91Jun 2007
- All-time low
- 89.67Nov 1998
- Observations
- 295Monthly
Recent Data
| Period | Value | Change |
|---|---|---|
| May 2023 | 99.61 | ▲ +0.30 |
| Apr 2023 | 99.32 | ▲ +0.32 |
| Mar 2023 | 99.00 | ▲ +0.36 |
| Feb 2023 | 98.64 | ▲ +0.43 |
| Jan 2023 | 98.21 | ▲ +0.41 |
| Dec 2022 | 97.80 | ▲ +0.28 |
| Nov 2022 | 97.52 | ▲ +0.08 |
| Oct 2022 | 97.44 | ▲ +0.05 |
| Sep 2022 | 97.39 | ▲ +0.24 |
| Aug 2022 | 97.15 | ▲ +0.58 |
| Jul 2022 | 96.56 | ▲ +0.64 |
| Jun 2022 | 95.92 | ▲ +0.29 |
| May 2022 | 95.63 | ▼ −0.39 |
| Apr 2022 | 96.03 | ▼ −0.73 |
| Mar 2022 | 96.76 | ▼ −0.62 |
| Feb 2022 | 97.38 | ▼ −0.21 |
| Jan 2022 | 97.58 | ▲ +0.03 |
| Dec 2021 | 97.55 | ▲ +0.02 |
| Nov 2021 | 97.53 | ▼ −0.18 |
| Oct 2021 | 97.72 | ▼ −0.31 |
| Sep 2021 | 98.03 | ▼ −0.31 |
| Aug 2021 | 98.34 | ▼ −0.21 |
| Jul 2021 | 98.55 | ▼ −0.11 |
| Jun 2021 | 98.65 | ▲ +0.02 |
| May 2021 | 98.64 | ▲ +0.18 |
| Apr 2021 | 98.45 | ▲ +0.30 |
| Mar 2021 | 98.16 | ▲ +0.38 |
| Feb 2021 | 97.77 | ▲ +0.44 |
| Jan 2021 | 97.33 | ▲ +0.39 |
| Dec 2020 | 96.94 |
Consumer Confidence — Russia vs Peers
Latest available reading for each economy (periods may differ). Russia highlighted.
More Russia indicators
Understanding Consumer Confidence — a simple guide
What it measures
The OECD standardised consumer confidence indicator, based on household surveys about their financial situation, the economy and plans for major purchases.
How it is calculated
Household survey answers are combined and standardised by the OECD so that 100 equals the long-term average.
A reading of 97 means households are more pessimistic than usual.
Optimistic households tend to spend more.
Pessimistic households tend to save more and spend less.
Why it matters for the economy and markets
Consumer mood affects spending decisions; a sharp fall in confidence often comes before weaker retail sales.
How to read it
100 is the long-term average. Values above 100 mean households are more optimistic than usual; below 100, more pessimistic.
What to look at alongside it
Retail sales, inflation and unemployment.
Key terms
- Sentiment
- How people feel about the economy and their own finances.
Data source
OECD — Organisation for Economic Co-operation and Development (series OECD consumer confidence (CCI)), monthly data from Nov 1998 to May 2023. Values are shown exactly as published by the source and may be revised later.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What is the current consumer confidence of Russia?
What is the highest and lowest consumer confidence of Russia?
What does consumer confidence measure?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.