Retail Trade Up 26.1% yoy In 5M07
19 June 2008
According to the State Statistics Committee, retail turnover rose 26.1% yoy in 5M07 to USD 11.7 bln (+25.3% in 5M06), after posting almost the same yoy growth of 26.2% in 4M07. We maintain our estimate of 24% yoy retail turnover growth for 2007.
