Retail Sales in Russia increased 0.30 percent in October of 2018 over the previous month. Retail Sales MoM in Russia averaged 0.74 percent from 1995 until 2018, reaching an all time high of 23.20 percent in December of 2014 and a record low of -33.30 percent in January of 2015.
Retail Sales MoM in Russia is expected to be 23.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Russia to stand at -1.60 in 12 months time. In the long-term, the Russia Retail Sales MoM is projected to trend around 22.80 percent in 2020, according to our econometric models.