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 %)||2.7||-9.8||-4.6||1.2||2.8|
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|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
May 19, 2020
According to a preliminary estimate released by Rosstat on 19 May, GDP grew 1.6% in annual terms in Q1 2020, decelerating from Q4 2019’s 2.1% expansion.
May 8, 2020
Merchandise exports dived 19.1% year-on-year and totaled USD 28.1 in February (January: -2.6% year-on-year).
May 7, 2020
The IHS Markit Russia Services Business Activity Index nosedived to 12.2 in April, from 37.1 in March, marking the lowest result since the series began in October 2001.
May 7, 2020
In March, consumer prices rose 0.8% over the previous month, accelerating modestly from March’s 0.6% rise and marking the largest increase since January 2019.
April 30, 2020
The Russia IHS Markit Manufacturing PMI nosedived to an all-time low of 31.3 in April, from 47.5 in March.