The average ticket for jewelry in Russia for the first nine months of 2022 increased by 16%, Artem Sokolov, managing partner of Sokolov jewelry holding, told RIA Novosti.
"The average ticket in the market for nine months has grown by 16%, for us – by 7%... Our average ticket is about 5,000 rubles, which corresponds to the market as a whole," he said.
Sokolov also noted that 80% of purchases made in the chain's stores are silver jewelry, but 65% of revenue comes from gold.
"If there are no significant fluctuations in the dollar exchange rate and exchange prices for precious metals next year, neither the prices nor the average ticket will change," Sokolov added.
Alex Shishlo for Rough&Polished
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