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

2015   2016   2017   2018   2019  
Retail Sales (annual variation in %)-9.8  -4.8  1.2  2.8  1.6  

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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

Value Change Date
Bond Yield6.230.13 %Dec 30
Exchange Rate62.03-0.12 %Dec 30

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