Support The Moscow Times!

Most Russians Fear New Economic Downturn, Poll Says

The majority of Russians are concerned about the onset of a new economic crisis but have taken few steps to prepare for the prospect of hard times ahead, a poll released Monday showed.

Pollsters from state-run VTsIOM found that 58 percent of those surveyed harbored fears of another downturn, while 85 percent had made no preparations for a worsening economic outlook, Interfax reported.

Among poll respondents, those most troubled by the country's economic fate were people with low incomes (66 percent) and those close to retirement age (65 percent). A more optimistic assessment was given by people with mid-to-high income levels (40 percent to 42 percent) and youth (49 percent).

When asked to give a shorter-term prediction, 44 percent said they felt the next 12 months would see declining economic indicators. This compares with 32 percent in March who predicted a worsening economy.

VTsIOM pollsters consulted 1,600 respondents in the survey, which was conducted in June in 43 of Russia's 83 federal subjects. No margin of error was cited for the poll in the Interfax report.

Sign up for our free weekly newsletter

Our weekly newsletter contains a hand-picked selection of news, features, analysis and more from The Moscow Times. You will receive it in your mailbox every Friday. Never miss the latest news from Russia. Preview
Subscribers agree to the Privacy Policy

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more