The Bank of Russia markedly increased the estimate of the growth in population spending.

The regulator believes that the country's residents began spending 3.5-4% more than last year (previously, growth was estimated at 3-3.5%). Such data are contained in the latest report of the Central Bank on Monetary Policy. Expansion of consumer opportunities occurs against the background of improvements in other macroeconomic processes. GDP by the end of 2017. can grow by 1,7-2,2%, note "Izvestia". According to the regulator, the consumer optimism of compatriots has other compelling reasons. "The increase in consumer confidence and domestic demand for households was primarily due to the persistence of a stable labor market situation. Acceleration of wage growth in nominal and real terms was observed, "the Bank of Russia. Another important factor is a tangible reduction in the price of credits. The central bank lowered the key rate (from 10% to 7.75%), and after it interest on consumer loans also decreased. At the beginning of the year, the average cost of the loan was 18-19% per year, and now - 14-15%. Finally, Russians began to gradually withdraw from the savings model of behavior. This trend was outlined in the middle of the year. This was partially facilitated by a reduction in deposit rates (on average from 8% to 7.38%).

Keeping money in the bank has lost its attractiveness a bit. Instead, the citizens went shopping and at the expense of growing demand a little bit stirred up the Russian economy. The growth of spending of Russians this year was also noted in the research holding "Romir". According to his data, the index of consumer activity since the beginning of the year increased by 3.7%. It is noteworthy that against the backdrop of growing consumer confidence, inflation in the country does not grow, but falls. The Bank of Russia expects that consumer prices will add this year 2.4-2.6% instead of the previously planned 4%. However, the awakened shopologism of Russians may have a deferred effect. Any increase in expenditures and consumption carries inflation risks, the chief economist of "Expert RA" Anton Tabah.

"But in conditions of weak economic growth and inflation below the target level, the significance of this risk is insignificant," he said.. Director of the Institute for Strategic Analysis FBK Igor Nikolaev noted that consumption is growing due to loans. "There are fears that the active spending of Russians, supported by large borrowings, will decline as the pace of lending slows," - warned the expert. To large purchases, the population is being spurred by the increase in real wages, said Georgy Ostapkovich, director of the Center for Market Research at the Higher School of Economics.

According to the Federal State Statistics Service, for 11 months of this year the average monthly accrued wages of Russians increased by 7.1%.

The Central Bank believes that there are prerequisites for the consumer confidence of Russians to grow. Inflation in 2018 g.

stabilized at 4%. According to the forecast of the Ministry of Economic Development, real incomes of the population in the next three years will grow by 4.4%. For example, payments to unemployed pensioners in 2018. will be indexed by 3.8%, which is much higher than the inflation rate.