Estonian retail trade jumped 18 percent year-on-year in March 2022, accelerating sharply from a 4 percent growth in the previous month. It was the strongest growth in retail sales since last April, due to low base effects last year. “The rapid growth in the turnover of stores selling manufactured goods was related to the fact that shopping centres were closed in March last year due to Covid-related restrictions,” said Johanna Linda Pihlak, analyst at Statistics Estonia. On a monthly basis, retail trade surged by 25 percent, the most since the series began in 1998, reversing strongly from a 9 percent fall in February. source: Statistics Estonia
Retail Sales YoY in Estonia averaged 5.41 percent from 1999 until 2022, 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 May of 2022.
Retail Sales YoY in Estonia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia Retail Sales YoY is projected to trend around 4.00 percent in 2023, according to our econometric models.