Retail sales in Russian increased 1.6 percent year-on-year in March 2019, slowing from a 2 percent rise in the previous month and matching market expectations. It is the smallest gain in retail sales since July 2017, as sales grew less for both food (1.2 percent vs 1.4 percent in February) and non-food products (1.9 percent vs 2.6 percent). On a monthly basis, retail trade jumped 8.7 percent, recovering sharply from an upwardly revised 2.6 percent fall in the previous month. Considering the first quarter of 2019, retail sales rose 1.8 percent. Retail Sales YoY in Russia averaged 4.38 percent from 1994 until 2019, reaching an all time high of 18.80 percent in February of 2008 and a record low of -16 percent in January of 1999.

Retail Sales YoY in Russia is expected to be 2.20 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 1.70 in 12 months time. In the long-term, the Russia Retail Sales YoY is projected to trend around 2.40 percent in 2020, according to our econometric models.

Russia Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-25 01:00 PM Retail Sales YoY 2.3% 3.0% 2.8% 2.7%
2019-02-19 03:30 PM Retail Sales YoY 1.6% 2.3% 1% 1.5%
2019-03-20 02:00 PM Retail Sales YoY 2% 1.6% 1.4% 1.8%
2019-04-18 01:00 PM Retail Sales YoY 1.6% 2% 1.6% 1.9%
2019-05-24 01:00 PM Retail Sales YoY 1.6%
2019-06-20 01:00 PM Retail Sales YoY
2019-07-17 01:00 PM Retail Sales YoY 2.2%


Russia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -16.00 -17.00 1.00 -59.00 Index Points [+]
Retail Sales MoM 8.70 -2.60 23.20 -33.30 percent [+]
Retail Sales YoY 1.60 2.00 18.80 -16.00 percent [+]
Consumer Spending 12811.80 12243.00 12811.80 2546.70 RUB Billion [+]
Consumer Credit 15220767.00 14790659.00 15220767.00 1578632.00 RUB Million [+]
Private Sector Credit 43068433.00 42281884.00 43068433.00 6179836.00 RUB Million [+]
Bank Lending Rate 9.23 9.24 449.40 7.90 percent [+]
Households Debt To GDP 16.90 16.50 17.70 0.60 percent of GDP [+]
Gasoline Prices 0.68 0.68 1.00 0.28 USD/Liter [+]
Consumer Confidence Economic Expectations -3.00 -4.00 9.00 -39.00 [+]


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. This page provides - Russia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 2.00 18.80 -16.00 1994 - 2019 percent Monthly




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