As official data warns of rising poverty levels, Russia’s Black Friday spending DOUBLES compared to 2019

Despite government

Despite government numbers indicating rising levels of poverty and an increasing amount of people struggling to make ends meet, Russians spent twice as much on this year’s Black Friday as they did in 2019.

The data was provided by Alexey Kirichek, vice president of VTB, one of the largest banks in Russia. He also noted that spending on Friday tripled compared to the previous week. “The Black Friday sale is not over yet, but taking the example of our major partners, we see that this year is marked by a special excitement, despite the pandemic,” Kirichek explained on Friday evening. “Russians made one and half times more transactions and spent twice as much money [compared to last year].”

Continue reading https://on.rt.com/aw1s