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Russia retail sales down 4.1pc y/y in Nov; down 0.9pc m/m

MOSCOW: Russian retail sales fell 4.

Published December 19, 2016 Updated December 19, 2016 07:26pm

1 min

By Shoaib Ur Rehman

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MOSCOW: Russian retail sales fell 4.1 percent in November in year-on-year terms after a 4.2 percent decline in the previous month, the statistics service said on Monday.

Analysts polled by Reuters had forecast a fall of 4.0 percent compared to the year-ago period.

Previously, the statistics service, or Rosstat, said retail sales declined by 4.4 percent on the year in October.

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