Retail sales Y-on-Y in Russia, December, 2019
For that indicator, Federal State Statistics Service of Russia provides data for Russia from 1995 to Q4 2019. The average value for Russia during that period was 4.39 percent with a minimum of -16 percent in January 1999 and a maximum of 18.8 percent in February 2008.
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around the world.
* indicates monthly or quarterly data series
Source: Federal State Statistics Service of Russia
Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.