Retail Sales in Russia
Russia - Retail Sales
Retail sales remain strong
In October, retail sales expanded 8.8% over the same month last year. The reading was slightly below the 9.2% expansion recorded in the previous month, which had marked the strongest result since October 2008, but the print still beat market expectations of an 8.6% rise. On a monthly basis, retail sales expended a non-seasonally adjusted 2.8% over the previous month (September: -0.4% month-on-month). Despite the moderation in annual figures, the trend continued to pick up, with annual average growth in retail sales inching up from 6.6% in September to 6.8% in October.
Russia - Retail Sales Data
|Retail Sales (annual variation in %)||-9.8||-4.8||1.2||2.8||1.6|
5 years of economic forecasts for more than 30 economic indicators.
Russia Retail Sales Chart
Source: Russian Federal State Statistics Service (Rosstat) and FocusEconomics calculations.
|Bond Yield||6.23||0.13 %||Dec 30|
|Exchange Rate||62.03||-0.12 %||Dec 30|
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January 17, 2022
Merchandise exports soared 62.4% annually in November, marking yet another month of marked growth (October: +62.8% year-on-year).
January 3, 2022
The IHS Markit Services Purchasing Managers’ Index (PMI) rose to 49.5 in December from November's 47.1.
December 29, 2021
Consumer prices rose 0.82% over the previous month in December, which was below the 0.96% rise logged in November.
December 29, 2021
The IHS Markit Manufacturing Purchasing Managers' Index (PMI) fell to 51.6 in December from November's 51.7.
December 22, 2021
Industrial output grew 7.0% compared to the same month of the previous year in November, which followed October's 7.4% increase.