According to the Central Bank, the share of Russians who prefer to keep their savings in bank deposits reached 42% in August 2022. This is the highest value in the last 6 years since June 2017. In this respect informs Regulator in the review “Inflation Expectations and Consumer Sentiment”.
Such a high proportion of citizens who previously preferred bank deposits for their savings was only observed in May of this year. Last month, the number of Russians trusting banks increased by 3 percent.
Also, 2.3 pp. The number of Russians who prefer to spend free money on the purchase of expensive goods has increased – up to 32%. At the same time, the share of citizens saving reached 51.7%, almost unchanged.
According to experts, the increase in public trust in the banking system is related to the increase in deposit rates and the reliability of large banks. People see it as a sustainable way to save and increase savings.
In general, the consumer sentiment index increased by 2.9 points and the consumer expectations index increased by 3.2 points in August.
How many Russians were known before invested entered the stock market.