ISSN 2712-7834

Social Novelties & Social Sciences
A view from Moscow

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

Social Novelties and Social Sciences № 2(3) 2022
DOI 10.31249/snsneng/2022.03.06
Smirnov S.N. Impact of the COVID-19 pandemic on the Russian consumer market : statistical analysis // Social Novelties and Social Sciences. – 2022. – N 3. – P. 91– 100.

Abstract:

The quarantine measures introduced in Russia in the first half of 2020 in connection with the COVID-19 pandemic had a negative impact on the whole economy and its individual sectors. The consumer market was among those hit the hardest. The article gives a quantitative assessment of the impact of quarantine measures on some sectors of the consumer market, analyzes the pace of their recovery in May-July 2020 after a gradual easing of quarantine measures. It is noted that the further developments are difficult to predict due to the general uncertainty of the situation.