The savings behavior and attitudes of Russians have hardly changed in recent months. In the context of increased inflationary pressure, the number of Russians who consider the current time favorable for making savings has decreased somewhat. This could also provoke a decrease in interest in ruble assets. At the same time, these factors have a limited impact.

Over the past six months, the indices of economic well-being of Russians have practically not changed, while remaining in high positions. With overall stability, a slight negative trend in indicators is reported by accelerated price growth, as we wrote last month. The share of those who consider the current time unsuitable for savings has increased since November 2022 from 24% to 29%. At the same time, this is still lower than the minimum values of 2012-2014. In this regard, we can talk about the growing concern about rising inflation and the deterioration of consumer prospects. At the same time, what is happening practically does not affect the perception of political institutions.

Only 13% believe that they will have more opportunities to save in the coming year, 27% believe that there will be fewer opportunities, and 45% assume that the situation will not change. Analysis of the data in dynamics allows us to conclude that a long-term optimistic trend remains, which, nevertheless, is subject to significant fluctuations.

The amount of savings of Russians who took part in the survey has hardly changed compared to February 2023. 36% noted that they do not have any savings, 40% of the surveyed Russians have savings in the amount not exceeding the size of the monthly family income.

The data on the question of the best way to store savings indicate changes in the priorities of Russians. Over the past six months, attention should be paid to the decline in the attractiveness of ruble assets: the number of Russians who named these storage methods decreased compared to February 2023. Moreover, the greatest decrease in interest is observed in relation to ruble cash (by 9% for the year). In part, the decline in the attractiveness of ruble deposits may be caused by growing inflation concerns. At the same time, interest in real estate has grown markedly (from 27% to 34% over the year). The attitude towards other ways of saving, such as currency, cryptocurrency, jewelry, has changed little. These tools are much less interesting to Russians.