Retail sales in Russia rose by 10.5% from a year earlier in July 2023, more than market forecasts of a 9.3% surge, and following a 10% jump in the prior month. It was the fourth consecutive month of growth in retail activity and at the fastest pace since June 2021. source: Federal State Statistics Service

Retail Sales YoY in Russia averaged 3.80 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 August of 2023.

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 1.00 percent in 2024 and 2.20 percent in 2025, according to our econometric models.

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Russia Retail Sales YoY



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-08-02 04:00 PM Jun 10% 9.3% 9.5% 9.7%
2023-08-30 04:00 PM Jul 10.5% 10% 9.3% 9.4%
2023-09-27 04:00 PM Aug 10.5%


Related Last Previous Unit Reference
Retail Sales MoM 3.70 1.50 percent Jul 2023
Consumer Confidence -15.00 -19.00 points Jun 2023
Retail Sales YoY 10.50 10.00 percent Jul 2023
Consumer Spending 16043.10 17246.20 RUB Billion Mar 2023
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
10.50 10.00 36.30 -22.00 1994 - 2023 percent Monthly
Constant Prices, NSA

News Stream
Russia Retail Sales Growth Above Forecasts
Retail sales in Russia rose by 10% from a year earlier in June 2023, more than market forecasts of a 9.5% surge, following a 9.3% jump in the prior month. It was the third consecutive month of growth in retail activity and at the fastest pace since June 2021. On a monthly basis, retail sales rose by 1.5% in June, after increasing by 2% in the prior month.
2023-08-02
Russia Retail Sales Growth Tops Forecasts
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.
2023-05-31
Russia Retail Sales Drop for 12th Month
Retail sales in Russia shrank by 5.1% from a year earlier in March 2023, more than market forecasts of a 3.9% decline, following an upwardly revised 9% slump in the prior month. It was the 12th consecutive contraction in yearly retail sales. On a monthly basis, retail sales advanced by 9.8% in March, after falling 1.3% in the prior month.
2023-05-03