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Russia Consumer Electronics Q2 2018

Russia Consumer Electronics Q2 2018

BMI View:

There was double-digit growth in consumer electronics device spending in Russia in 2017, which represented acontinuation of the recovery from the deep contraction 2014-2015 when ruble depreciation hurt performance. Another strongyear is anticipated in 2018 when there will be a boost from the FIFA World Cup, but the medium term outlook is subdued as a resultof a sluggish economic recovery envisaged by our Russia Country Risk team, which will leave USD device spending still below thepre-crisis peak even in 2022.

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Consumer Electronics

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