The impact of the 2022 sanction crisis on household consumption in Russia: A quantitative analysis

Applied Econometrics. 2025. Vol. 79. P. 72–98.

Voytenkov V., Demidova O.

This paper analyses the impact of 2022 sanction crisis on the household consumption structure in Russia. We use data from the Russian Longitudinal Monitoring Survey (RLMS-HSE), categorising households into five clusters, based on the employment sector of the household head. In terms of the methodological framework, we employ the mean comparison and Kolmogorov–Smirnov tests, as well as panel data models. The principal conclusion is that the quantitative impact of crisis, namely the reallocation of expenditures, is more pronounced than the qualitative changes in behavioural habits. This indicates that Russian households are reluctant to significantly alter their consumption structure. Furthermore, households with heads employed in sub-sanctioned companies in the business sector are more adversely affected, while those in sanctioned real, agriculture, public, and defence sectors benefit in income and consumption structure.

Keywords: санкции, РМЭЗ, занятость, income, RLMS, доход, occupation, sanctions, структура потребления, consumption structure, потребительское поведение, consumer behavior, household-level, уровень домохозяйств