In July, according to information from the Romir holding, Russians began to save more actively, as a result of which the amount of free money in an average Russian family reached its maximum for the middle of summer over the past few years.

The current state of the Russian economy is quite stable and allows the state to fulfill its obligations, and a repetition of the August 1998 default is unlikely, experts at the Higher School of Economics say.

In July, a record volume of non-targeted consumer loans was issued in Russia, the cost of which turned out to be unprecedentedly low.