Estonian retail trade increased 6.9 percent year-on-year in January 2021, slowing from a 7.3 percent rise in the prior month. It is the eighth straight month of increase in retail trade amid the coronavirus pandemic. On a monthly basis, retail trade plunged 16.7 percent, reversing from a 12.9 percent jump in December. This is a common trend following Christmas and year-end sales. source: Statistics Estonia

Retail Sales YoY in Estonia averaged 5.07 percent from 1999 until 2021, 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 March of 2021.

Retail Sales YoY in Estonia is expected to be 2.80 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 2.50 in 12 months time. In the long-term, the Estonia Retail Sales YoY is projected to trend around 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
6.90 7.30 24.70 -21.60 1999 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-11-30 06:00 AM Oct 5.9% 5.5% 4.2%
2020-12-31 06:00 AM Nov 6.2% 5.9% 4.8%
2021-01-29 06:00 AM Dec 7.3% 6.2% 5.5%
2021-03-02 06:00 AM Jan 6.9% 7.3% 5.2%
2021-03-30 05:00 AM Feb 6.9%
2021-04-30 05:00 AM Mar
2021-05-28 05:00 AM Apr
2021-06-30 05:00 AM May

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.