Muscovites doubled spending on beauty salons and car sharing

the services Sector for the first time since the beginning of the “coronaries” in March became the driver of growth recovery and growth of spending, according to the “Sparganum” over the last week from 15 to 21 June the laboratory of Sberbank on the analysis and processing of big data.

Costs of services increased to not less than 30 billion rubles, and only 30% lower than this period in 2019. The fall in April was much larger and was minus 58%.

the Growth of spending of the population occurred after the lifting of restrictions in Moscow. The leader in turnover of steel beauty (massage, SPA) – expenses of Muscovites in the salons has increased more than twice compared to the previous week. But the revenue of these companies is lower by 15% compared to last year.

Leads in the pace of recovery in Russia in General and Moscow in the segment of “rental vehicles”. The Russians have doubled spending per week because of the resumption of car sharing. In the end, the segment has reduced the turnover decline to 57% from pre-crisis to 80% a week earlier.

However, the total volume of market services in the Moscow region remains 28.8% below the levels of 2019. To last year values of revenue approached the company’s segment of “Medical services” and “Announcements and advertising.”

In General, from 15 to 21 June, consumer spending on goods and services remained at the levels of the previous week: fall fell to minus 6.5% compared to last year. In General, the index of consumer activity in grew from of 73.0 to 73.5 points.

the service Sector is recovering faster

Small and medium business in Russia is recovering quickly: turnover of retail outlets and services increased to 88.2%, calculated an it company “Motor”, the operator of more than 650 thousand of online banks in Russia.

the service Sector is recovering faster due to the large demand of clients, which at the time of the restrictions could not use the common services. Revenue of dental clinics increased within the week from 72.5% to 91% from pre-crisis levels in March, and beauty salons ― from 72,3% to 88,3%. The beginning of the holiday season led to sales growth of travel agencies for a week from 39.3% to 63.1% and the ticket office ― from 39.7% to 60.3 percent. The law firm has increased turnover from 48.5% to 78.1% from the beginning of March, the insurance Agency from 69.5% to 98.5%.

the prices for services was almost unchanged in may compared with April. According to Rosstat, the prices and tariffs for services in may 2020 rose 0.5% (in may 2019 — 0.4%), and non-food goods rose by 0.3% (in may 2019 — 0.2%). Overall inflation in may has not exceeded 0.3%, including food (0,2%) compared to April.

In General, the level of openness of the economy of regions of Russia in June increased to 93.8% from dekorativnogo values, estimated by the Ministry of economic development. About 6.2% of jobs in Russia remain under restrictions. In late April the economy of the regions was maximally closed: almost 28% of jobs in the country were subject to restrictions.