Page 57 - RusRPTMay21

4.5.3 Retail sector dynamics
Russia's retail trade fell 3.4% from a year earlier in March of 2021,
following an upwardly revised 1.5% drop in the previous month and more than the expected 1.3% decrease.
It was the twelfth consecutive month of declines in retail activity amid the pandemic crisis. Sales continued to fall for both food (-6.0% vs -3.0% in February) and non-food products (-0.8% vs 0.1%). On a monthly basis, retail sales jumped 9.2%, after a 2.4% drop in the previous month. Considering the first quarter of 2021, retail activity shrank 1.6% over a year ago. source: Federal State Statistics Service
57 RUSSIA Country Report May 2021 www.intellinews.com