In Russia, retail sales slowed down
In Russia, the annual growth of retail sales slowed for the fifth month in July, while the expansion of industrial production accelerated and unemployment stagnated at a historic low.
According to the data published on the website of the Russian Statistical Office, the growth of retail sales decreased to 6.1 percent in July after 6.3 percent in June. In the average of analysts’ expectations, there was a significantly slower growth of 5.4 percent for July.
The increase in retail sales was 7.5 percent in May, 8.3 percent in April, 11.1 percent in March, 12.3 percent in February, and 9.1 percent in January in an annual comparison.
In the first seven months of this year, Russian retail turnover increased by 8.4 percent compared to the same period last year.
In July, the retail turnover of food, including beverages and tobacco products, increased by 5.9 percent year-on-year, compared to 5.3 percent in June. The increase in turnover of non-food products slowed to 6.2 percent from June’s annual 7.3 percent.
Related news
KSH: retail turnover in August exceeded the same period of the previous year by 2.4 percent and the previous month by 0.8 percent
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >K&H Analyst Commentary: There is still room for expansion in Hungarian stores
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Retail sales growth accelerates in Russia, unemployment at historic low
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
The 2025 Sustainable Future Awards were presented: the most outstanding sustainable companies and leaders of the year were recognized
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Pink trucks and contemporary artists and influencers set hope in motion
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >AgriTech InnoExpo 2025 – where innovation meets nature
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >
