Retail sales in Russia rose by 7.4% from a year earlier in April 2023, more than market forecasts of a 5.8% increase, following a 5.1% slump in the prior month. It was the first increase in retail activity after 12 consecutive months of drops and at the fastest pace since June 2021. On a monthly basis, retail sales were down by 0.1% in April, after a 9.8% jump in the previous month. source: Federal State Statistics Service
Retail Sales YoY in Russia averaged 3.75 percent from 1994 until 2023, reaching an all time high of 36.30 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 June of 2023.
Retail Sales YoY in Russia is expected to be -2.00 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 1.00 percent in 2024 and 1.20 percent in 2025, according to our econometric models.