drop(Following the devaluation of the ruble in August 1998, however, the drop in consumer purchasing power sharply reduced the volume of Russian imports from ... Alexander Demidov)
tailspin(Although Sberbank has suffered no more than other domestic financial institutions as the markets entered a tailspin last week, the declines have more significance because of its upcoming privatization. Alexander Demidov)
nose-dive(While the MICEX and RTS nose-dived Monday, the Finance Ministry released a report asserting that Russia was underrated by credit rating agencies. TMT Alexander Demidov)
dropping consumer purchasing power(2014, the Russian economy entered a very difficult period as it was hit hard by record-low oil prices, dropping consumer purchasing power, a food import ban which pushed up inflation, and ruble devaluation. Alexander Demidov)
