Published: Feb 20, 2026, 13:15 IST | Updated: Feb 20, 2026, 13:15 IST
Russia is facing a sharp consumption slump, hitting the restaurant sector hard, with closures occurring at the fastest pace since 2022. Analysts warn that declining consumer spending and economic uncertainty are squeezing eateries across the country, reflecting broader economic pressures. The trend signals challenges for the hospitality industry and possible job losses in the sector.