Russian retail sales slumped for a third month and real wages plunged the most since 1999, highlighting the discrepancy between improving markets and the plight of the consumer as the economy enters its first recession in six years.
2015 Economic Crisis
Bloomberg: Russian retail-sales slump extends to three months as wages drop
A woman looks at packages of buckwheat on the shelves of a supermarket in St. Petersburg on Nov. 24, 2014.
