Foods Products

: The number of respondents in July who have switched to buying less expensive foods and products has risen sharply from 38 percent in January 2015 to 53 percent in July, and the number of those foregoing needed purchases has climbed from 39 percent to 52 percent over the same period, according to The Moscow Times. However, the continued devaluation of the ruble coupled with the drop in oil prices has not led to a serious backlash among the people. A new survey released by state-run pollster VTsIOM reveals recent changes in consumer behavior. According to VTsIOM, only 10 percent of Russians hold their savings in foreign currency. The Russian people prefer using rubles, whether or not they have savings. And according to the Public Opinion Foundation, of the 35 percent of Russians who have any savings at all, 92 percent keep them in rubles. (news.financializer.com). As reported in the news.