Retail sales in Russia grew 4.7 percent year-on-year in July of 2021, following a 10.9 percent jump in the previous month and defying market expectations of a 5.2 percent gain. Still, it was the fourth consecutive month of gains in retail trade. Sales advanced at a slower pace for both food (1.8 percent vs 4.3 percent in June) and non-food products (7.4 percent vs 17.6 percent). On a monthly basis, retail sales increased 2.5 percent, after a 0.6 percent rise in June. source: Federal State Statistics Service
Retail Sales YoY in Russia averaged 4.11 percent from 1994 until 2021, reaching an all time high of 35.10 percent in April of 2021 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 September of 2021.
Retail Sales YoY in Russia is expected to be 4.50 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 2.70 percent in 2022 and 2.50 percent in 2023, according to our econometric models.