Retail sales in Russia fell 10.1 percent year-on-year in May of 2022, following an upwardly revised 9.8 percent decline in the prior month and more than market estimates of a 5.5 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 edged up 0.5 percent, virtually stagnating after slumping a downwardly revised 11.2 percent in the prior month. source: Federal State Statistics Service

Retail Sales YoY in Russia averaged 4.07 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 July of 2022.

Retail Sales YoY in Russia is expected to be -5.80 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 1.50 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
2022-06-01 04:00 PM Apr -9.7% 2.2% -6.8% -45%
2022-06-29 04:00 PM May -10.1% -9.8% -5.5% -7.8%
2022-07-27 04:00 PM Jun -10.1% -30%


Related Last Previous Unit Reference
Consumer Confidence -31.00 -21.00 points Jun 2022
Retail Sales MoM 0.50 -11.20 percent May 2022
Retail Sales YoY -10.10 -9.80 percent May 2022
Consumer Spending 13796.10 13266.00 RUB Billion Dec 2021
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
-10.10 -9.80 35.20 -22.00 1994 - 2022 percent Monthly

News Stream
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
Russia Retail Sales Growth Slows in March
Retail sales in Russia increased by 2.2 percent year-on-year in March of 2022, decelerating from a 5.7 percent increase in the prior month and missing market estimates of a 4.3 percent rise. It was the 12th consecutive month of growth in retail activity but at the slowest pace in the current sequence. On a monthly basis, retail trade surged 5.8 percent, after decreasing 0.1 percent in the prior month.
2022-04-27
Russia Retail Sales Growth at 8-Month High
Retail sales in Russia advanced by 5.9 percent year-on-year in February of 2022, accelerating from a 3.6 percent increase in the prior month. It was the 11th consecutive month of growth in real activity and at the fastest pace since June of 2021. On a monthly basis, retail trade shrank 0.1 percent, after a 23.4 percent plunge in the previous month.
2022-03-30