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 %)||3.9||2.7||-9.8||-4.6||1.2|
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||6.38||0.13 %||Nov 21|
|Exchange Rate||64.02||-0.12 %||Nov 21|
|Stock Market||2,943||-1.03 %||Nov 21|
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December 12, 2019
Annual GDP growth rose to a year-to-date high of 1.7% in the third quarter of 2019, according to a second estimate released by Rosstat on 12 December.
December 6, 2019
In November, consumer prices rose 0.3% over the previous month, up slightly from October’s 0.1% month-on-month uptick and marking the first increase in six months.
December 4, 2019
The IHS Markit Russia Services Business Activity Index came in at 55.6 in November, broadly unchanged from October’s one-year high of 55.8.
Russia: Sliding PMI points to sharpest contraction in manufacturing activity in over a decade in November
December 2, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit fell to an over one-decade low of 45.6 in November, from 47.2 in October.
November 22, 2019
Merchandise exports totaled USD 35.0 billion in September, representing a 9.3% contraction from the USD 38.6 billion sum recorded in the same month of 2018.