Valdai Club

Participants in the Valdai Club economic seminar held in Moscow on Monday believe that although inflation rate in Russia is record low, the prospects for a recovery in Russia’s household consumption remain dim in the near term. The consumer sector appears to be doing relatively well in the upper middle-class segment, with Moscow and St. Petersburg generally looking more favourably compared to regions with lower income per capita, including smaller cities.

On April 24, at 15.00, the Valdai Discussion Club (Bolshaya Tatarskaya, 42, Moscow, Russia) will hold an economic seminar, titled "Condition of the Russian Consumer: Recovery on the Horizon?" Along with the macroeconomic analysis of the consumer sector, the participants at the seminar are expected to discuss the companies' data at the level of certain regions and segments of the consumer market.