Russian Restaurants and bars losing 22% in revenues Year-on-Year in October
Russian restaurants and bars lost 22% in revenues in the first three weeks of October 2020 compared to same period of last year, according to the largest Russian fiscal data operator, Platforma OFD.
“Sales of restaurants and bars turned out to be 22% lower within the period of October 1-20, 2020 against the like period in 2019. The average purchase amount is 933 rubles ($12.1), 9% above the last-year figure,” the research says.
The restaurants and cafes sales also fell by 15% in September 2020, compared to September 2019. The average bill was 950 rubles ($12.3) in restaurants, which is 10% above the last-year level.