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.


Forecast Data Chart
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Russia Consumer Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Confidence -14 -6 -7 -7 -6 -4
Retail Sales MoM -1.1 23.7 7.5 2 -1.6 22.8
Retail Sales YoY 2.3 2.7 2.5 2.2 1.5 1.9
Consumer Spending 11505 12632 11303 11678 11643 13078
Consumer Credit 13791355 11400000 15745016 16481697 17164920 12000000
Private Sector Credit 39975527 42006192 43339900 44523270 45568110 50878116
Bank Lending Rate 8.8 8.8 8.8 8.05 7.8 6.8
Households Debt To GDP 16.5 17.27 17.48 17.67 17.85 18.91
Disposable Personal Income -1.5 -1 -1.2 -0.6 -0.4 1
Gasoline Prices 0.69 0.79 0.6 0.56 0.52 0.9
Consumer Confidence Economic Expectations -3 -3.09 -3.1 -3.08 -3.08 -3.07