Estonian retail trade increased 5.9 percent year-on-year in October 2020, the most since June, after a 5.5 percent rise in the prior month. It was the fifth straight month of increase in retail trade amid the loosening restriction measures that led consumers to stay at home. On a monthly basis, retail trade jumped 3.9 percent, rebounding from a 3.2 percent fall in September. source: Statistics Estonia

Retail Sales YoY in Estonia averaged 5.05 percent from 1999 until 2020, reaching an all time high of 24.70 percent in February of 2007 and a record low of -21.60 percent in February of 2009. This page provides - Estonia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Retail Sales YoY in Estonia is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Estonia to stand at 2.70 in 12 months time. In the long-term, the Estonia Retail Sales YoY is projected to trend around 2.50 percent in 2021 and 4.00 percent in 2022, according to our econometric models.

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Estonia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
5.90 5.50 24.70 -21.60 1999 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-08-28 05:00 AM Jul 3.6% 7.2% 7%
2020-09-30 05:00 AM Aug 3.5% 3.6% 1.2%
2020-10-30 06:00 AM Sep 5.5% 3.5% 3%
2020-11-30 06:00 AM Oct 5.9% 5.5% 4.2%
2021-01-04 06:00 AM Nov 5.9% 4.8%
2021-01-29 06:00 AM Dec
2021-03-01 06:00 AM Jan
2021-03-30 05:00 AM Feb

Estonia Retail Sales YoY
In Estonia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.