In a further sign that the economic downturn is more widespread than any before, Russian consumer confidence dropped 6 points in February 2009 from November 2008, when it dropped 16 points from September 2008, according to Nielsen’s Consumer Confidence Index.  The issues causing Russians nervousness mirror those found in other countries: growing unemployment, high inflation, devaluation of national currency and the burden of easy credit obtained during the “optimistic” years.  Maintaining employment is the key concern, with only 20 percent saying their job prospects were good, while 75 percent were …

According to Nielsen, Russian consumers are among the most confident worldwide — despite the country’s high rate of inflation and an ongoing stock market crisis, The Guardian reported this week.
Consumer prices in Russia have risen by 10% so far this year, but Nielsen researchers found that most Russians are confident about the country’s job market and their personal finances. 
Of the 1,000 people in Russia surveyed by Nielsen, two-thirds said they were confident they could overcome any hardship in the second half of 2008.  Another 58% of respondents reported having good career opportunities, and …