Retail sales in Russia sank by 14.6% in crisis - Information portal

Retail sales in Russia sank by 14.6% in crisis

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24.07.2017 Количество просмотров 73 views
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According to experts of the Russian Presidential Academy of National Economy and Public Administration, the retail trade turnover in Russia fell by 14.6% during three crisis years, with food sales dropped by 15%, and non-food products - by 14.4%.

Over the past two years, the retail sales volume turnover has lost 5.7%. Food staff sales sank by 6.6%, non-food products - by 4.9%.

Meanwhile, the report says that the most significant period of decline in the domestic retail has almost stopped. In April 2017, the total retail sales volume grew by 0.1% yoy, with the growth increasing to 0.7% in May.

Source:  retail-loyalty.org


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