Russia retail sales increased 2.7 percent year-on-year in January of 2020, up from a 1.9 percent rise in the previous month and beating market estimates of a 1.9 percent gain. It was the strongest annual rise in retail sales since December 2018, as sales advanced faster for both food (2.9 percent vs 1.8 percent in December) and non-food products (2.5 percent vs 2.1 percent). On a monthly basis, retail sales slumped 24.5 percent, after increasing 18.3 percent in the preceding month. Russia Retail Sales YoY - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Retail Sales YoY in Russia averaged 4.29 percent from 1994 until 2020, reaching an all time high of 18.80 percent in February of 2008 and a record low of -16 percent in January of 1999. This page provides - Russia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Federal State Statistics Service

Retail Sales YoY in Russia is expected to be 1.70 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 1.90 in 12 months time. In the long-term, the Russia Retail Sales YoY is projected to trend around 2.40 percent in 2021, according to our econometric models.


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Russia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
2.70 1.90 18.80 -16.00 1994 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-20 01:00 PM Oct 1.6% 0.7% 1% 1.5%
2019-12-18 01:00 PM Nov 2.3% 1.7% 1.2% 1.4%
2020-01-28 01:00 PM Dec 1.9% 2.3% 2.7% 2.5%
2020-02-20 01:00 PM Jan 2.7% 1.9% 1.9% 1.7%
2020-03-20 01:00 PM Feb 2.7%
2020-04-20 01:00 PM Mar 1.7%
2020-05-26 01:00 PM Apr
2020-06-19 01:00 PM May


News Stream
Russia Retail Trade Growth at Over 1-Year High of 2.7%
Russia retail sales increased 2.7 percent year-on-year in January of 2020, up from a 1.9 percent rise in the previous month and beating market estimates of a 1.9 percent gain. It was the strongest annual rise in retail sales since December 2018, as sales advanced faster for both food (2.9 percent vs 1.8 percent in December) and non-food products (2.5 percent vs 2.1 percent). On a monthly basis, retail sales slumped 24.5 percent, after increasing 18.3 percent in the preceding month.
2020-02-20
Russia Retail Sales Grow Less than Expected in December
Russia retail sales increased 1.9 percent year-on-year in December 2019, following a 2.3 percent rise in the previous month and well below market expectations of a 2.7 percent gain. Sales growth slowed for non-food products (2.1 percent vs 3 percent) while ticked up for food (1.8 percent vs 1.6 percent). On a monthly basis, retail trade jumped 18.3 percent, the most in a year, after increasing 0.5 percent in the previous month. Considering the full year of 2019, retail sales advanced 1.6 percent compared to the same period a year ago.
2020-01-28
Russia Retail Sales Growth at Near 1-Year High
Russia retail sales increased 2.3 percent year-on-year in November 2019, following an upwardly revised 1.7 percent rise in the prior month and beating market expectations of a 1.2 percent gain. It was the biggest monthly advance in retail trade since last December, as sales grew faster for both non-food products (3 percent vs 2.1 percent in October) and food (1.6 percent vs 1.3 percent). On a monthly basis, retail sales went up 0.5 percent, after an upwardly revised 1.4 percent increase.
2019-12-18
Russia Retail Trade Growth at 6-Month High
Retail sales in Russia increased 1.6 percent year-on-year in October 2019, accelerating from a 0.7 percent rise in the previous month and above market expectations of 1 percent. It was the highest annual gain in retail trade since April. On a monthly basis, retail sales went up 1.4 percent, rebounding from a 1.2 percent drop in September.
2019-11-20

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.