Analytics, Estonia, Retail, Statistics
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Saturday, 20.04.2024, 07:16
The turnover growth of retail trade enterprises accelerated in Estonia
In November 2016, the turnover of retail trade enterprises was 533.6 million euros. The acceleration in turnover growth was influenced the most by stores selling manufactured goods, where sales increased 15% compared to November 2015. Turnover increased in all economic activities. Turnover grew the most in other specialised stores, such as stores selling computers and their accessories, books, sports equipment, games and toys etc., with sales increasing 26%. A higher-than-average increase in turnover occurred also in sales via mail order or the Internet (24%) and in stores selling pharmaceutical goods and cosmetics (19%).
The turnover of grocery stores stayed at the same level as in November 2015.
The turnover of enterprises engaging in the retail sales of automotive fuel, which showed a fall in October picked up again in November and increased 6% compared to the same month of 2015. The turnover increase of these enterprises was partly influenced by the low reference base of November 2015 and a deceleration in the price increase of automotive fuel.