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.

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Russia Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-11-02 04:00 PM Sep -9.8% -8.8% -9.1%
2022-11-30 04:00 PM Oct -9.7% -9.8% -9.8% -9.7%
2022-12-28 04:00 PM Nov -9.7%


Related Last Previous Unit Reference
Retail Sales MoM 0.90 -2.60 percent Oct 2022
Consumer Confidence -22.00 -31.00 points Sep 2022
Retail Sales YoY -9.70 -9.80 percent Oct 2022
Consumer Spending 11789.30 12542.70 RUB Billion Jun 2022
Disposable Personal Income 0.10 -3.10 percent Dec 2018

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.
Actual Previous Highest Lowest Dates Unit Frequency
-9.70 -9.80 35.20 -22.00 1994 - 2022 percent Monthly

News Stream
Russia Retail Sales Fall for 7th Month
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.
2022-11-30
Russia Retail Sales Shrink for 6th Month
Retail sales in Russia plunged by 9.8 percent year-on-year in September of 2022, following an 8.8 percent drop in the prior month. It marks the sixth consecutive month of falling retail activity, as double-digit inflation continued to hammer household spending. Lower sales were recorded for both non-food products (-15 percent vs -14 percent in August) and food (-3.5 percent vs -2.3 percent). On a monthly basis, retail sales declined by 2.6 percent, the most in five months, after a 3.3 percent rise in the previous month. In the third quarter of the year, retail sales plummeted 9.1 percent over a year ago.
2022-11-02
Russia Retail Sales Decline for 5th Month
Retail sales in Russia tumbled 8.8 percent year-on-year in August of 2022, following a downwardly revised 8.7 percent drop in the prior month and compared with market estimates of an 8.5 percent decline. It was the fifth consecutive month of falling retail activity, reflecting the war's adverse impact on consumer spending. On a monthly basis, retail trade increased by 3.3 percent, following a 3.8 percent rise in the previous month.
2022-09-28