Retail sales in Russia rose by 6.1% from a year earlier in July 2024, following a 6.3% increase in the prior month and more than an expected 5.4% advance. This marked the 16th consecutive month of growth in the country's retail activity,m, and at a solid pace. Considering the first seven months of the year, retail trade rose by 8.4% compared to the same period a year ago. On a monthly basis, retail activity increased by 3.7% in July, the most in four months, after a 1.1% rise in the prior month. source: Federal State Statistics Service
Retail Sales in Russia increased 6.10 percent in July of 2024 over the same month in the previous year. Retail Sales YoY in Russia averaged 4.06 percent from 1994 until 2024, 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 September of 2024.
Retail Sales in Russia increased 6.10 percent in July of 2024 over the same month in the previous year. Retail Sales YoY in Russia is expected to be 6.00 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 5.00 percent in 2025 and 4.00 percent in 2026, according to our econometric models.