Analytics, Estonia, Good for Business, Markets and Companies, Retail
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Friday, 19.04.2024, 05:05
In May, the turnover of Estonian retail trade enterprises was 630.2 mln euros
In May 2018, the turnover of retail trade enterprises was 630.2 million
euros.
The turnover of
stores selling manufactured goods increased 6% compared to May 2017. The
turnover of stores increased in five and decreased in two economic activities.
Turnover increased the most in stores selling household goods and appliances,
hardware and building materials, with sales increasing 15% in a year. Turnover
increased also in stores selling via mail order or the internet (11% growth),
in non-specialised stores e.g. department stores, selling predominantly
manufactured goods (9% growth), in stores selling textiles, clothing and
footwear (8% growth) and in pharmacies and stores selling cosmetics (7%
growth). The turnover of other specialised stores, such as stores selling
predominantly computers and their accessories, books, sports equipment, games,
toys, etc. and in stores selling second-hand goods and in non-store retail sale
(stalls, markets, direct sale) decreased compared to May of the previous year.
The turnover of
grocery stores, which showed a small fall in the previous months, turned
upwards again in May and increased 2% compared to May of the previous year.
The turnover of
enterprises engaged in retail sales of automotive fuel decreased 1% compared to
May of the previous year.
Compared to the
previous month, the turnover of retail trade enterprises increased 12% in May.
According to the seasonally and working-day adjusted data, the increase was 3%.
In the five months of 2018 (January–May), the turnover of retail trade
enterprises increased 1% compared to the corresponding period of the previous
year.
The statistics are based on the VAT declaration data of the Estonian Tax
and Customs Board.Statistics Estonia published the monthly summary in four working
days. For the statistical activity “Economic indicators of trade
enterprises”, the main representative of public interest is the Ministry of
Economic Affairs and Communications, commissioned by whom Statistics Estonia
performs this statistical activity.