Analytics, Estonia, Good for Business, Retail, Statistics
International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 17:36
In October, retail trade enterprises in Estonia did better than in 2019
According to Jaanika Tiigiste, leading analyst at Statistics Estonia, turnover increased in enterprises engaged in the retail sale of automotive fuel as well as in grocery stores and in stores selling manufactured goods. “Among these three types of retail trade enterprises, turnover increased the most, by 7%, in stores selling manufactured goods. Sales grew in all activities, except for other non-specialised stores selling predominantly manufactured goods (department stores),” added Tiigiste.
Among the stores selling manufactured goods, the greatest increase in turnover (13%) was recorded in other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, flowers, plants, etc. Turnover increased by 11% in stores selling via mail order or the internet, by 8% in stores selling household goods and appliances, hardware and building materials, by 6% in stores selling second-hand goods and in non-store retail sale (stalls, markets, direct sale), by 3% in stores selling textiles, clothing and footwear, and by 1% in pharmacies and stores selling cosmetics.
Compared to October 2019, the turnover of grocery stores increased by 5% and the turnover of enterprises engaged in the retail sale of automotive fuel by 6%.
In October, compared to September, the turnover of retail trade enterprises grew by 4%. According to the seasonally and working-day adjusted data, turnover increased by 1%.
In the first ten months of 2020, the turnover of retail trade enterprises increased by 3% compared to the same period of the previous year.
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