Support The Moscow Times!

Russian DIY Market Down for First Time Since 2009

Sales of DIY products and housekeeping goods declined in 2015, for the first time in six years, the Kommersant newspaper reported Monday.

The decline stands at around 5 percent, but experts expect sales to decline a further 8 percent in 2016.

In 2015 DIY retail sales stood at 1.46 trillion rubles ($18.8 billion) according to the Infoline-Analitika agency. This is 4.89 percent less than in 2014, when sales of merchandise for home repairs reached 1.54 trillion rubles ($19.8 billion).

“Sales will not surpass 1.35 trillion rubles ($17.3 billion) in 2016, that is 8 percent less than in 2015,” says Infoline Analitika's Mikhail Burmistrov.

However, Leroy Merlin marketing and communications director Dmitry Dmitriyev believes that the DIY market saw a far sharper decline in 2015, estimating the true decline to be 15 percent.

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.