The decline in retail sales accelerated in Russia
In Russia, the decline in retail sales accelerated more than analysts expected in August, when unemployment was also higher than estimated.
According to data from the Russian statistical office, retail sales fell 2.7 percent in August, after a more modest year-on-year decline of 1.9 percent in July. Analysts expected a smaller 2.3 percent drop in retail sales last month. (MTI)
Related news
EuroCIS 2025: Serious interest in the retail technology trade fair
Amazon and TikTok recently signed an agreement that will allow…
Read more >
KSH: retail turnover exceeded the same period of the previous year by 3.6 percent and the previous month by 1.2 percent
In October, the volume of retail trade turnover exceeded the…
Read more >
One of the main drivers of domestic retail is the pharmaceutical trade
The pharmaceutical industry is a very important industry in the…
Read more >
More related news >
Related news
They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which…
Read more >
Zsolt Liptai became the winemaker of the year
The Hungarian Wine Academy (MBA) has awarded Zsolt Liptai, the…
Read more >
Tips for avoiding credit card fraud during the holiday season
The Christmas season is all about the joy of shopping,…
Read more >
