Russian consumer markets face slowdown but not crisis in 2014 & 2015
Nuremberg, October 22, 2014 – According to GfK forecasts, the majority of Russian consumer market sectors will face slowdown, if not stagnation, in 2014 and 2015. Recent decrease in confidence due to international sanctions resulted in both business and consumers tightening their belts. However, some macro-economic indicators show that the situation is objectively far from …