Retail trade in Russia increased 2.3 percent year-on-year in September of 2018, easing from a 2.8 percent gain in the prior month, in line with market expectations. It was the slowest increase in retail sales, as sales rose slightly less for non-food products (4.1 percent vs 4.2 percent in August) while the ones for food, beverages & tobacco showed no growth (from a 1.3 percent gain). On a monthly basis, retail sales fell 1.1 percent, after a 3.6 percent increase in August. Considering the third quarter of 2018, retail trade grew 2.6 percent compared to the same period of the previous year. Retail Sales YoY in Russia averaged 4.41 percent from 1994 until 2018, 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 2.70 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 1.50 in 12 months time. In the long-term, the Russia Retail Sales YoY is projected to trend around 1.90 percent in 2020, according to our econometric models.

Russia Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-17 01:00 PM Retail Sales YoY 2.5% 3% 3% 3.2%
2018-09-19 01:00 PM Retail Sales YoY 2.8% 2.7% 2.2% 2.4%
2018-10-17 01:00 PM Retail Sales YoY 2.3% 2.8% 2.3% 2.5%
2018-11-20 01:00 PM Retail Sales YoY 2.3% 2.5% 2.2%
2018-12-19 01:00 PM Retail Sales YoY 2.31%


Russia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -14.00 -8.00 1.00 -59.00 Index Points [+]
Retail Sales MoM -1.10 3.60 23.20 -33.30 percent [+]
Retail Sales YoY 2.30 2.80 18.80 -16.00 percent [+]
Consumer Spending 11505.40 11147.00 12420.80 2546.70 RUB Billion [+]
Consumer Credit 13791355.00 13466674.00 13791355.00 1578632.00 RUB Million [+]
Private Sector Credit 39975527.00 39286346.00 39975527.00 6179836.00 RUB Million [+]
Bank Lending Rate 9.09 8.80 449.40 7.90 percent [+]
Households Debt To GDP 16.50 16.20 17.70 0.60 percent of GDP [+]
Disposable Personal Income -1.50 -0.90 21.50 -26.60 percent [+]
Gasoline Prices 0.69 0.69 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.80 18.80 -16.00 1994 - 2018 percent Monthly




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