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.

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Estonia Retail Sales YoY

Calendar GMT Actual Previous Consensus TEForecast
2022-03-02 06:00 AM Jan 8.0% 13.3%
2022-04-29 05:00 AM Mar 18% 4.0% 4.5%
2022-05-30 05:00 AM Apr 18% 14.8%

Related Last Previous Unit Reference
Retail Sales MoM 25.00 -9.00 percent Mar 2022
Retail Sales YoY 18.00 4.00 percent Mar 2022
Consumer Spending 3369.40 3322.50 EUR Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
18.00 4.00 24.70 -21.60 1999 - 2022 percent Monthly