Russia's retail trade slumped 3 percent from a year earlier in September of 2020, following a 2.6 percent fall in the prior month and compared with market expectations of a 2.1 percent decrease. It was the sixth consecutive month of falling retail activity, as the pandemic crisis continued to weigh on spending. Sales declined further for both food (-4.6 percent vs -4.1 percent in August) and non-food products (-1.3 percent vs -1.2 percent). On a monthly basis, retail trade went down 1.7 percent, after rising 2.7 percent in the preceding month. In the third quarter of the year, retail activity shrank 2.5 percent over a year ago.

Retail Sales YoY in Russia averaged 4.03 percent from 1994 until 2020, reaching an all time high of 18.80 percent in February of 2008 and a record low of -23.20 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 October of 2020. source: Federal State Statistics Service

Retail Sales YoY in Russia is expected to be -1.90 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 4.50 in 12 months time. In the long-term, the Russia Retail Sales YoY is projected to trend around 4.20 percent in 2021 and 3.70 percent in 2022, according to our econometric models.

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Russia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-3.00 -2.70 18.80 -23.20 1994 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-17 04:00 PM Jun -7.7% -19.2% -12.3% -10.5%
2020-08-20 04:00 PM Jul -2.6% -7.7% -4.8% -5%
2020-09-18 02:00 PM Aug -2.7% -1.9% -2.3% -2%
2020-10-20 04:00 PM Sep -3% -2.7% -2.1% -1.8%
2020-11-20 04:00 PM Oct -3%
2020-12-18 04:00 PM Nov


News Stream
Russia Retail Sales Fall More than Expected
Russia's retail trade slumped 3 percent from a year earlier in September of 2020, following a 2.6 percent fall in the prior month and compared with market expectations of a 2.1 percent decrease. It was the sixth consecutive month of falling retail activity, as the pandemic crisis continued to weigh on spending. Sales declined further for both food (-4.6 percent vs -4.1 percent in August) and non-food products (-1.3 percent vs -1.2 percent). On a monthly basis, retail trade went down 1.7 percent, after rising 2.7 percent in the preceding month. In the third quarter of the year, retail activity shrank 2.5 percent over a year ago.
2020-10-20
Russia Retail Sales Shrink Less than Expected
Russia's retail trade decreased 2.6 percent from a year earlier in July of 2020, following a 7.7 percent slump in the prior month and compared with market expectations of a 4.8 percent fall. It was the fourth consecutive monthly downturn in retail activity but the softest in the current sequence that began in April, as the country eased its lockdown restrictions. Sales declined much less for both non-food (-2.7 percent vs -11.3 percent in June) and food products (-2.2 percent vs -3.7 percent). On a monthly basis, retail sales grew 8.2 percent, after a 15.8 percent jump in the previous month. Considering the first seven months of the year, retail activity fell 1.9 percent over a year ago.
2020-08-20
Russia Retail Sales Fall Less than Forecast
Russia's retail trade dropped 7.7 percent from a year earlier in June 2020, compared to market expectations of a 12.3 percent plunge and after falling by a record pace in April and May due to the coronavirus crisis. Sales fell less for both non-food (-11.3 percent vs -29.2 percent in May) and food products (-3.7 percent vs -8.6 percent). On a monthly basis, however, sales jumped by 15.8 percent, as more businesses resumed operations following weeks of lockdown. In the second quarter of the year, retail sales shrank 16.6 percent over a year ago.
2020-07-17
Russia Retail Sales Fall More than Expected
Retail sales in Russia declined 19.2 percent year-on-year in May of 2020, following a 23.3 percent slump in the previous month and above market expectations of a 15.3 percent fall. On a monthly basis, retail sales rose 6.7 percent, rebounding from a 28.4 percent fall in April.
2020-06-19

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.