Russian home appliance market struggling – industry boss

Apr 3rd 2025 2:50pm EDT

With bank deposit rates up, consumers are choosing saving over spending, the head of retailer DNS has said Russia’s home appliance and electronics market is facing its sharpest downturn in decades as consumers opt to save rather than spend, the head of major retail chain DNS has said. Dmitry Alekseev made the comments on Thursday, […]

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