Retail sales in Russia edged down 0.1 percent year-on-year in January of 2021, easing from a 3.6 percent drop in the previous month and compared to market expectations of a 3 percent fall. It was the tenth consecutive month of declines in retail trade. On a monthly basis, retail sales slumped 21.5 percent, after a 17.3 percent jump in December. source: Federal State Statistics Service

Retail Sales YoY in Russia averaged 3.96 percent from 1994 until 2021, reaching an all time high of 18.80 percent in February of 2008 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 February of 2021.

Retail Sales YoY in Russia is expected to be 2.50 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 4.20 in 12 months time. In the long-term, the Russia Retail Sales YoY is projected to trend around 3.70 percent in 2022, according to our econometric models.

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Russia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 -3.60 18.80 -23.20 1994 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-20 04:00 PM Oct -2.4% -3% -3% -2.7%
2020-12-18 04:00 PM Nov -3.1% -1.4% -3.1% -3%
2021-01-28 04:00 PM Dec -3.6% -3.1% -2.5% -2.3%
2021-02-18 04:00 PM Jan -0.1% -3.6% -3% -2.8%
2021-03-19 04:00 PM Feb -0.1%
2021-04-20 04:00 PM Mar
2021-05-24 04:00 PM Apr
2021-06-21 04:00 PM May


News Stream
Russia Retail Sales Fall Less than Expected
Retail sales in Russia edged down 0.1 percent year-on-year in January of 2021, easing from a 3.6 percent drop in the previous month and compared to market expectations of a 3 percent fall. It was the tenth consecutive month of declines in retail trade. On a monthly basis, retail sales slumped 21.5 percent, after a 17.3 percent jump in December.
2021-02-18
Russia Retail Sales Fall More than Expected
Retail sales in Russia declined 3.6 percent year-on-year in December of 2020, extending a 3.1 percent fall in the previous month and above market expectations of a 2.5 percent decrease. It was the nineth consecutive month of falls in retail activity. On a monthly basis, retail trade jumped 17.3 percent, recovering from a 1.2 percent drop in November.
2021-01-28
Russia Retail Sales Drop for 8th Month
Retail sales in Russia fell 3.1 percent year-on-year in November of 2020, following a downwardly revised 1.4 percent drop in the previous month and in line with market expectations. It was the eighth consecutive month of falls in retail activity. On a monthly basis, retail trade declined 1.2 percent, dwn from a 2.2 percent gain in October.
2020-12-18
Russia Retail Sales Fall Less than Expected
Russia's retail trade decreased 2.4 percent from a year earlier in October of 2020, following a 3 percent slump in the prior month and compared with market expectations of a 3 percent decline. It was the seventh consecutive month of decline but at the softest pace as the economy gradually recovers from the pandemic crisis. Sales fell less for both food (-3.6 percent vs -4.6 percent in September) and non-food products (-1.1 percent vs -1.3 percent). On a monthly basis, retail trade went up 2.1 percent, following a 1.7 percent decline in the preceding month.
2020-11-20

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.