Russian Retail Turnover Growth Fell to 5.5% in May

According to Rosstat (Russian Federal Statistics service) in May 2011 Russian retail trade growth fell from 5.6% in April to 5.5%. In Rub terms the growth rate made 1trln 525.4bln. In May the turnover grew by 2.4%. The share of food items, including drinks and tobacco, amounted to 48.3% (48.9% in May 2010), non-food items occupied 51.7% of the total retail turnover (51.1% in May 2010). Trade companies and individual entrepreneurs generated 88.8% of retail turnover. The share of retail markets and fairs was 11.2% (in May 2010 87.9% and 12.1% respectively).

During the first five months of 2011 retail turnover grew by 5.2% y-o-y and reached Rub 7trln 182.4bln.

Source: www.retail.ru