Beyond the distance // Alcohol sales growth slowed down in Russia


The Russian alcohol market, which experienced a sharp rise in demand at the beginning of the pandemic, showed signs of stagnation. According to NielsenIQ, in January-August, alcohol sales in physical terms increased by 1.3% against 7.4% in the same period of 202 years. Shipments of vodka, sparkling wines and vermouths even dropped. Market participants and experts associate the dynamics with a fall in purchasing power and an increase in excise taxes. …

Chinese Growth Moves to Slowdown // World Economy Monitoring


China’s GDP growth in the third quarter slowed to 4.9% from 7.9% a quarter earlier, according to data from the National Bureau of Statistics. Part of this slowdown is due to the high base effect in the third quarter of 2020, when the impact of the pandemic had less of an impact on the country’s economy. However, in quarterly terms, the growth rate decreased from 1.2% in April-June to 0.2% in July-September. This is the lowest quarterly growth since 2010, when the state statistics bureau began providing such data. Industrial production in the PRC in September grew by only 3.1% versus 5.3% a month earlier, as it continued to be negatively affected by shortages of semiconductors and other supply disruptions. due to port restrictions. The decline in industrial output in September by 0.1% month-on-month is a consequence of restrictions in “heavy” industries. Here, the cooling of the real estate market had an important effect: sales of cement fell by 13% year-on-year, pig iron – by 16.1%, steel – by 21.2%, according to….

A firm hand is a friend of TV // After the departure of Donald Trump, the audience of TV channels in the United States has sharply decreased


American media companies record a significant decline in television audience, especially news broadcasts. Experts believe that the trend of the outflow of viewers to the Internet, which began several years ago, has noticeably intensified after the departure from the post of US President Donald Trump, who supported the interest of the mass audience in television, as well as due to the weakening of the COVID-19 pandemic. …

In Russia, the issuance of consumer loans decreased by almost 7% over the month

In September 2021, banks issued 1.17 million consumer loans for 362.6 billion rubles. This is almost 7% less than it was in August, according to the credit bureau Equifax. “The main reasons are two: the increase in the key rate, which led to an increase in nominal consumer lending rates, and the tightening of regulatory rhetoric in the market aimed at limiting issuing unsecured loans, “- said the head of the bureau Oleg Lagutkin (quoted by TASS). Earlier, the head of the Central Bank Elvira Nabiullina said that the regulator wants to impose a direct restriction on the issuance of consumer loans for banks. According to her, the Bank of Russia cannot “turn a blind eye to how quickly demand is growing now.” This accelerates inflation, and also worries the regulator in terms of social and financial stability. It is assumed that the limit will be revised every three months. About new levers of pressure on banks – in the material “Kommersant FM” “Consumer credits are brought to the limits.” …