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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-07-31 04:00 PM
Retail Sales YoY
Jun 6.3% 7.5% 6.3% 6.0%
2024-08-28 04:00 PM
Retail Sales YoY
Jul 6.1% 6.3% 5.4% 5.0%
2024-10-02 04:00 PM
Retail Sales YoY
Aug 6.1%


Related Last Previous Unit Reference
Consumer Confidence -6.00 -7.00 points Jun 2024
Consumer Spending 17518.80 18723.00 RUB Billion Mar 2024
Retail Sales MoM 3.70 1.10 percent Jul 2024
Retail Sales YoY 6.10 6.30 percent Jul 2024

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
6.10 6.30 36.30 -22.00 1994 - 2024 percent Monthly
Constant Prices, NSA


News Stream
Russia Retail Sales Rise More than Expected
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.
2024-08-28
Russia Retail Sales Rise the Least in 15 Months
Retail sales in Russia rose by 6.3% from a year earlier in June 2024, following an 7.5% surge in the prior month. This marked the 15th consecutive month of growth in the country's retail activity, though it was the smallest increase during this period. On a monthly basis, retail trade rose by 1.1% in June, after a 1.9% increase in the prior month. Considering the first half of the year, retail sales grew by 8.8% over a year ago.
2024-07-31
Russia Retail Sales Up for 14th Month
Retail sales in Russia rose by 7.5% from a year earlier in May 2024, following an 8.2% surge in the prior month. It marked the 14th consecutive month of growth in the country's retail activity and at a solid pace. On a monthly basis, retail trade rose by 1.9% in May, after a revised 2.4% drop in the prior month. Considering the first five months of the year. retail sales grew by 9.3% over a year ago.
2024-07-03