Retail sales going down

In September, the turnover of retail trade in Russia fell down by 10.4% to 2.3 trillion rubles, according to the Russian Federal Statistics Service (Rosstat). This is the maximum decline in the past 15 years. In the first nine months of 2015, this figure decreased by 8.5% to 19.9 trillion rubles.

The previous record was registered by Rosstat in April this year, when the decline was 9.6%.

In monthly terms, retail sales in September decreased by 3%, that is the first decline since April 2015. In April, sales declined 2.6%, in May, they increased by 2.4%, in June – by 0.2%, in July – by 3.3%.

www.retailer.ru

Russian Retail Turnover to Increase

In March 2011 Russian retail turnover growth was 4.8%, in April 2011 it reached 5.6%. In Q1 2011 retail turnover grew by 5% y-o-y to RUB 5.648 trillion. In April 86% of retail turnover was generated by trade companies and entrepreneurs, operating beyond the market. The share of retail markets and fairs was 11.4% (in April 2010 – 87.8% and 12.2% respectively). Food items, including drinks and tobacco, had a 48.5% share in the retail turnover; non-food items occupied 51.5% (in April 2010 48.8% and 51.2% respectively).

Source: www.retail.ru