Page 99 - Russia OUTLOOK 2023

government-supported projects. Overall, fixed capital investment is expected to
slow down in 2023.

Retail:

Retail trade in Russia fell by 6% in January-October, according to RosStat.
Taking into account its 4% growth before the war, it fell actually by 10% during
the 8 months of the war. It's a serious indicator of the population’s
impoverishment.

Dynamic of Russian retail trade by region Jan-Oct 22 y/y %:
(red >105%, orange 100-104.9%, light blue 95-99.9%, dark blue < 95%)

99 Russia OUTLOOK 2022 www.intellinews.com