A harbinger of stagnation: Titov drew the attention of the authorities to the drop in sales in the Russian Federation

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12:14; 31 March 2025 year
Борис Титов

© Борис Титов

Boris Titov, Special Representative of the President of the Russian Federation for Relations with International Organizations for Achieving Sustainable Development Goals, drew the attention of the authorities to the real drop in physical sales in the country. While official reports show an increase in sales in rubles by almost 10%.

-There is a dispute between government and business. The whole business says that starting from the fourth quarter, there has been a drop in demand. Especially in February, the consumer market feels it, the networks are almost empty. At the same time, the authorities say that in January sales growth (in rubles) was almost 10%," Titov writes in his telegram channel. - How is that? They tried to analyze it. The reason is the price increase. That is, there is a drop in physical terms, and an increase in rubles. In addition, the whitewashing of the market, more sales are shown to the tax service.Vlast, pay attention - there is a real drop in physical sales. A harbinger of stagnation.

Let us remind you that in the first quarter of 2025, the Russian smartphone market faced a href=https://business-magazine.online/fn_1641479.html"&a record drop in sales, which exceeded 20% compared to the same period last year. This is the largest decline in the history of the market. Sales sales of apartments under equity participation agreements showed significant growth: in February 2025, sales reached 1.9 million square meters, which is 20-25% higher than in February of the previous two years.