Retail sales in Russia increased 1 percent from a year earlier in July of 2019, easing from a 1.4 percent rise in the previous month and below market expectations of 1.5 percent. It was the lowest gain in retail trade since April of 2017, as sales slowed for both food (1 percent from 1.4 percent in June) and non-food products (1 percent from 1.5 percent). On a monthly basis, retail trade climbed 2.3 percent, up from a 1.6 percent advance in June. Retail Sales YoY in Russia averaged 4.34 percent from 1994 until 2019, reaching an all time high of 18.80 percent in February of 2008 and a record low of -16 percent in January of 1999.

Retail Sales YoY in Russia is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Russia to stand at 1.80 in 12 months time. In the long-term, the Russia Retail Sales YoY is projected to trend around 2.40 percent in 2020, according to our econometric models.

Russia Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-24 01:00 PM Retail Sales YoY Apr 1.2% 1.6% 1.3% 1.5%
2019-06-20 01:00 PM Retail Sales YoY May 1.4% 1.6% 1.2% 1.4%
2019-07-17 01:00 PM Retail Sales YoY Jun 1.4% 1.4% 1% 1.2%
2019-08-19 01:00 PM Retail Sales YoY Jul 1% 1.4% 1.5% 1.7%
2019-09-18 01:00 PM Retail Sales YoY Aug 1% 0.8% 0.9%
2019-10-17 01:00 PM Retail Sales YoY Sep 1.5%
2019-11-20 01:00 PM Retail Sales YoY Oct


Russia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -15.00 -16.00 1.00 -59.00 Index Points [+]
Retail Sales MoM 2.30 1.60 23.20 -33.30 percent [+]
Retail Sales YoY 1.00 1.40 18.80 -16.00 percent [+]
Consumer Spending 11314.80 12811.80 13576.00 2546.70 RUB Billion [+]
Consumer Credit 16434033.00 16233600.00 16434033.00 1578632.00 RUB Million [+]
Private Sector Credit 45253587.00 44954981.00 45253587.00 6179836.00 RUB Million [+]
Bank Lending Rate 8.70 9.03 449.40 7.90 percent [+]
Households Debt To GDP 17.20 16.80 17.70 0.60 percent of GDP [+]
Gasoline Prices 0.69 0.73 1.00 0.28 USD/Liter [+]
Consumer Confidence Economic Expectations -3.00 -4.00 9.00 -39.00 [+]


Russia Retail Sales YoY

In Russia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Russia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.40 18.80 -16.00 1994 - 2019 percent Monthly




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