Retail sales in Russia slipped by 9.7% year-on-year in October of 2022, following a 9.8% plunge in the prior month, almost in line with market estimates of a 9.8% slump. It marks the seventh consecutive month of falling retail activity. On a monthly basis, retail sales went up by 0.9%, after a 2.6% decline in the previous month.. source: Federal State Statistics Service
Retail Sales YoY in Russia averaged 3.87 percent from 1994 until 2022, reaching an all time high of 35.20 percent in April of 2021 and a record low of -22.00 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 December of 2022.
Retail Sales YoY in Russia is expected to be -7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Retail Sales YoY is projected to trend around 0.50 percent in 2023 and 1.00 percent in 2024, according to our econometric models.