Consumer confidence · Russia

Russia Consumer Confidence

The Russia Consumer Confidence measures how households in Russia feel about their finances, the economy and their plans for big purchases.

Importance
Low
Released
Quarterly
Next release
Currency
RUB · Russian rouble
Central bank
The Bank of Russia

Latest figures

The latest release for Q3, published on 23 September 2026, came in at -16, down from -13 the time before.

Over the last 7 releases it ranged from -16 to -8, averaging -11; it has been falling for three releases in a row.

Mar 2025: -11Jun 2025: -8Sep 2025: -9Dec 2025: -11Mar 2026: -12Jun 2026: -13Sep 2026: -16 Mar 2025Sep 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
23 Sep 2026Q3-16–-13
24 Jun 2026Q2-13–-12
25 Mar 2026Q1-12–-11
19 Dec 2025Q4-11–-9
17 Sep 2025Q3-9–-8
18 Jun 2025Q2-8–-11
19 Mar 2025Q1-11–-9

See it in the economic calendar →

Why it matters

Household spending is the largest part of most economies. Confidence surveys come out early in the month and help forecast spending; they also capture inflation worries and political shocks quickly.

How it is calculated

A representative sample of households answers questions on current and expected conditions; answers are combined into a balance (positive minus negative) or an index relative to a base year.

What changes mean

  • Confidence and actual spending often diverge in the short run; trends matter more than one month.
  • Sharp drops after shocks (energy prices, elections) tend to recover if jobs hold up.

Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the Russian rouble and local stocks, and can push bond yields up.

Lower than expected: A weaker figure than expected points to slowing activity: the Russian rouble tends to soften and markets price in lower rates.

A short history

George Katona started the University of Michigan's Surveys of Consumers in 1946; the European Commission and many national institutes run similar surveys today.

Questions

What is the Russia Consumer Confidence?

The Russia Consumer Confidence measures how households in Russia feel about their finances, the economy and their plans for big purchases.

What was the latest Russia Consumer Confidence?

-16 for Q3, published on 23 September 2026.

When is the next Russia Consumer Confidence?

On Wednesday 23 December 2026 at 15:00 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.