Retail sales in Russia slumped by 8.8 percent year-on-year in July of 2022, following a 9.6 percent plunge in the prior month and compared with market estimates of an 8.9 percent decline. It was the fourth consecutive month of falling retail activity, reflecting the war's adverse impact on consumer spending. On a monthly basis, retail trade increased by 3.8 percent, following a 1.1 percent rise in the previous month. source: Federal State Statistics Service

Retail Sales YoY in Russia averaged 3.99 percent from 1994 until 2022, reaching an all time high of 35.20 percent in April of 2021 and a record low of -22 percent in April of 2020. This page provides - Russia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Retail Sales YoY in Russia is expected to be -8.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Retail Sales YoY is projected to trend around 0.50 percent in 2023 and 1.00 percent in 2024, according to our econometric models.

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Russia Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-07-27 04:00 PM Jun -9.6% -10.1% -8.7% -9.5%
2022-08-31 04:00 PM Jul -8.8% -9.6% -8.9% -7.7%
2022-09-28 04:00 PM Aug -8.8% -8.5% -8.3%


Related Last Previous Unit Reference
Consumer Confidence -22.00 -31.00 points Sep 2022
Retail Sales MoM 1.10 0.50 percent Jun 2022
Retail Sales YoY -8.80 -9.60 percent Jul 2022
Consumer Spending 12542.70 13796.10 RUB Billion Mar 2022
Disposable Personal Income 0.10 -3.10 percent Dec 2018

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.
Actual Previous Highest Lowest Dates Unit Frequency
-8.80 -9.60 35.20 -22.00 1994 - 2022 percent Monthly

News Stream
Russia Retail Sales Shrink Less than Expected
Retail sales in Russia slumped by 8.8 percent year-on-year in July of 2022, following a 9.6 percent plunge in the prior month and compared with market estimates of an 8.9 percent decline. It was the fourth consecutive month of falling retail activity, reflecting the war's adverse impact on consumer spending. On a monthly basis, retail trade increased by 3.8 percent, following a 1.1 percent rise in the previous month.
2022-08-31
Russia Retail Sales Fall More Than Expected in June
Retail sales in Russia fell 9.6 percent year-on-year in June of 2022, slowing from a 10.1 percent decline in the prior month but beating market estimates of an 8.7 percent drop. On a monthly basis, retail trade rose 1.1 percent following a 0.5 percent uptick in May.
2022-07-27
Russia Retail Sales Fall More Than Expected in April
Retail sales in Russia dropped 9.7 percent year-on-year in April of 2022, following a 5.8 percent increase in the prior month and missing market estimates of a 6.8 percent drop. It was the sharpest drop since May of 2020, highlighting the war's adverse effects on consumer spending. On a monthly basis, retail trade plunged 11.3 percent after increasing 5.8 percent in the prior month.
2022-06-01