Retail Sales in Russia increased 3.40 percent in August of 2019 over the previous month. Retail Sales MoM in Russia averaged 0.74 percent from 1995 until 2019, 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 -1.60 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 1.30 in 12 months time. In the long-term, the Russia Retail Sales MoM is projected to trend around 21.00 percent in 2020, according to our econometric models.