Russian consumers are more negative about their economic prospects than they have been for the last 11 years, according to new data. The Nielsen Consumer Confidence Trend Tracker, a data visualization survey that shows how consumer sentiments regarding the economy change, has seen Russia reach its lowest score in the first quarter of 2016: 63 points. In comparison, during the last crisis in 2009 the index was 75 points. According to the survey, a total of 18 percent of Russians no longer have any disposable income. During the 2009 crisis the share was 4-7 percent. The population is now saving money on new clothes, electronics and vacations, with 70 percent of the people who responded to the survey saying they do not believe that the situation will improve. “Exhaustion – this is the word that can be used […]