Template-type: ReDIF-Article 1.0
Author-Name: Burdyak Aleksandra
Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration
Title: Consumption of Goods and Services: Second Year of Pandemic Restrictions
Title: Потребление товаров и услуг: второй год пандемийных ограничений
Abstract: In April 2020, due to the introduction of lockdown, consumer demand significantly dropped. A year later, in April 2021, when the epidemiological situation caused ever less concern, the consumption of goods and services increased, almost recovering to the pre-pandemic level: for example, the retail trade turnover grew by 35%, and its structure looked more like “pre-COVID”. The subjective public perception of the rise in prices has changed over the past year: an increasing proportion of households consider it significant. 
Keywords: consumer demand, retail trade turnover, paid services, consumer inflation
Classification-JEL: I31, E31
Journal: Russian Economic Developments
Year: 2021
Issue: 6
Month: June
Pages: 62-65
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r2170.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:r2170