Analytics, Estonia, Good for Business, Markets and Companies, Retail

In April 2016, the turnover of retail trade enterprises was 512.5 million euros.

The turnover of stores selling manufactured goods increased 10% compared to April 2015. Turnover increased in all economic activities. Turnover increased the most in stores selling textiles, clothing and footwear, where sales increased 17% compared to the same month of the previous year. A higher than average increase in turnover occurred in stores selling pharmaceutical goods and cosmetics (16% growth), in stores selling second-hand goods and in non-store retail sale (stalls, markets, direct sale) (12% growth) and in stores selling household goods and appliances, hardware and building materials (11% growth).

The turnover in grocery stores increased 4% compared to April 2015.

The turnover of enterprises engaging in the retail sales of automotive fuel, which showed a fall in February and March, turned upwards again in April and increased 2% at constant prices compared to April of the previous year.

Compared to the previous month, in April, the turnover of retail trade enterprises increased 4% at constant prices. According to the seasonally and working-day adjusted data the growth was 2%. In the four months of 2016 (January–April), the turnover in retail trade enterprises increased 6% at constant prices compared to the corresponding period of the previous year.

In 2016, Statistics Estonia started to use only the VAT declaration data of the Estonian Tax and Customs Board and stopped data collection with the questionnaire “Turnover”. This will reduce the response burden of entrepreneurs and Statistics Estonia’s expenditure on data collection, and increase the use of administrative data. Due to the change in the data source, the monthly news release “Retail trade” will focus on the turnover of retail trade enterprises, instead of the retail sales of such enterprises. Statistics Estonia will continue publishing the retail sales indicator of retail trade enterprises on a quarterly and yearly basis. Statistics Estonia published the monthly summary in four working days.