MOSCOW (Reuters) – Russian retail sales declined 8.8% in July in year-on-year terms after a 9.6% fall in the previous month, the statistics service said on Wednesday.
Analysts polled by Reuters had forecast a fall of 8.9% compared to the year-ago period.
Rosstat provided the following data:
RETAIL SALES July 22 June 22 July 21
mth/mth pct change +3.8 +1.1 +2.9
yr/yr pct change -8.8 -9.6 +5.7
(Reporting by Reuters)
