Retail Sales in Russia

Russia Retail Sales | Economic News & Forecasts

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

2013  2014  2015  2016  2017  
Retail Sales (annual variation in %)3.9  2.7  -9.8  -4.6  1.2  

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Russia Retail Sales Chart

Russia Retail
Note: Annual variation of private consumption in %.
Source: Russian Federal State Statistics Service (Rosstat) and FocusEconomics calculations.

Russia Facts

Bond Yield6.380.13 %Nov 21
Exchange Rate64.02-0.12 %Nov 21
Stock Market2,943-1.03 %Nov 21

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