Recent Russia articles
Global consumer confidence edged up slightly as rising Asian markets were offset by Europe’s growing concerns of an escalating debt crisis according to the Nielsen Global Consumer Confidence Index.
[read more]Hany Mwafy, Managing Director North Africa and James Russo, Vice President Global Consumer Insights presented today at Nielsen’s Consumer 360 conference on how the center of gravity is shifting away from North America and Europe. In the decades to come, emerging economies will deliver more growth – and more profits.
[read more]If Russian business and government got behind the production of a hybrid car designed for city driving, would the average Russian motorist consider driving green?
[read more]Nielsen’s Adrian Baker recently spoke at the Russia & CEE Customer Loyalty Summit where he discussed the role of loyalty programs and how to use them to build stronger relationships with customers.
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With hopes for a full economic recovery accelerating in 26 out of the 28 major global markets, consumers around the world might be expected to return to their previous spending patterns.
[read more]Consumers’ hopes for an end to the Global Economic Crisis have been bolstered in the 2nd Quarter 2009, according to a Nielsen Global Consumer Confidence Survey released today. The Nielsen Global Consumer Confidence Index, conducted in 28 markets in June 2009, rose to 82 – an increase of 5 points (from 77) from March 2009 – spurred by renewed consumer optimism and stock market gains in BRIC markets (Brazil, Russia, India, China) and key Asian countries. [See full graphic for complete details]
“In the previous Nielsen Global Consumer Confidence survey conducted …
[read more]For the first time in eight months, Russian consumers’ confidence has stabilized after posting significant declines, according to Nielsen’s ongoing “Russians through Crisis” study. In the second half of 2008, consumer confidence stood at 104, dropping to 88 in November 2008 and hitting a low of 75 in March 2009. In May, confidence recorded an uptick to 82.
As with consumers around the world, job security and personal finances are the key concerns for Russians today. Almost three-quarters of those surveyed characterized the security of their jobs as “not so good” …
Global declines in consumer activity appear to be moderating or hitting bottom, according to the new edition of the Nielsen Economic Current, which is based on the company’s key consumer trend data as well economic data to create a concise indicator of consumer behavior. Out of the 11 major GDP countries, only Germany showed an increase in consumer behavior in February.
“Consumers worldwide appear to be in a holding pattern and we see evidence that consumer spending might be positioned to turn around,” said James Russo, Vice President Global Consumer Insights …
Global consumer confidence has reached an all-time low, according to the Nielsen Global Consumer Confidence Index [download]. Thrifty habits being formed during the downturn will carry over into the recovery.
In the past six months, the index has plummeted to a record low 77 points from 84 points. The catalyst: Latin America, Russia and other emerging nations are now feeling the full effects of a recession that began in the United States, officially, in December.
Though consumer anxieties about the economy take many forms, the most widespread fear centers on job loss. …
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 …
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