Analytics, Estonia, Good for Business, Markets and Companies, Retail
International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 10:46
In April, the turnover of retail trade in Estonia increased by 1%
The turnover of stores selling manufactured goods increased by 7% compared
to April 2017. Turnover increased in most economic activities, except in stores
selling second-hand goods and in non-store retail sale (stalls, markets, direct
sale), where turnover was smaller than in April 2017. Turnover increased the
most in pharmacies and stores selling cosmetics, where sales increased 13% year
on year. A higher than average increase in turnover occurred also in stores
selling household goods and appliances, hardware and building materials (11%
growth) and in stores selling textiles, clothing and footwear (8% growth).
The turnover of
grocery stores decreased by 4% compared to April 2017. The turnover fall of
these stores is associated with the high reference base of April of the
previous year and the continuing price increase of food products.
The turnover of
enterprises engaged in retail sales of automotive fuel, which increased in
February and March, started falling in April, decreasing 4% compared to April
of the previous year. A contributing factor was acceleration in the price
increase of automotive fuel.
Compared to the
previous month, in April, the turnover of retail trade enterprises decreased by
1%. According to the seasonally and working-day adjusted data, the decrease was
2%. In the four months of 2018 (January–April), the turnover of retail trade
enterprises increased by 1% on the same 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.