Estonian retail trade rose by 0.3% yoy in July of 2022, reversing from a 1.0% fall in the prior month. The upturn was supported by rises in stores selling manufactured goods (2%), and enterprises engaged in sales of automotive fuel (1%). Also, turnover in stores selling second-hand goods and in non-store increased (8%), as did in pharmacies and stores selling cosmetics (6%), in other specialized stores selling predominantly computers and their accessories (3%), and in stores selling via mail order or the internet (2%). On a monthly basis, retail sales went up 0.7% in July, shifting from a 3.2% decline in June. source: Statistics Estonia

Retail Sales YoY in Estonia averaged 5.40 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 September of 2022.

Retail Sales YoY in Estonia is expected to be 1.90 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
2022-07-29 05:00 AM Jun -1.0% 1.9% 2.3%
2022-08-30 05:00 AM Jul 0.3% -1.0%
2022-09-30 05:00 AM Aug 0.3% -2.3%


Related Last Previous Unit Reference
Retail Sales MoM 0.70 -3.20 percent Jul 2022
Retail Sales YoY 0.30 -1.00 percent Jul 2022
Consumer Spending 3386.60 3132.80 EUR Million Jun 2022

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
0.30 -1.00 24.70 -21.60 1999 - 2022 percent Monthly

News Stream
Estonian Retail Sales Recover in July
Estonian retail trade rose by 0.3% yoy in July of 2022, reversing from a 1.0% fall in the prior month. The upturn was supported by rises in stores selling manufactured goods (2%), and enterprises engaged in sales of automotive fuel (1%). Also, turnover in stores selling second-hand goods and in non-store increased (8%), as did in pharmacies and stores selling cosmetics (6%), in other specialized stores selling predominantly computers and their accessories (3%), and in stores selling via mail order or the internet (2%). On a monthly basis, retail sales went up 0.7% in July, shifting from a 3.2% decline in June.
2022-08-30
Estonian Retail Sales Fall for 1st Time in 25 Months
Estonian retail trade was down by 1.3% yoy in June 2022, shifting from a 1.9% rise a month earlier. This was the first drop in retail trade since May 2020, primarily influenced by enterprises engaged in sales of both automotive fuel and grocery stores with turnover down by 2%, each. Also, turnover fell by 7% in stores selling household goods and appliances, hardware, and building materials, and by 1% in stores selling via mail orders or the internet. On a monthly basis, retail sales declined by 3.2% in June, reversing from a 1.9% gain in May. For the first six months of the year, retail trade increased by 7% compared to the same period in 2021.
2022-07-29
Estonian Retail Sales Growth at 2-Year Low
Estonian retail trade grew by 1.9% yoy in May 2022, after a 12.3% jump a month earlier. This was the slowest increase in retail trade since a decline in May 2020, primarily influenced by enterprises engaged in sales of automotive fuel with turnover up by 8%. Meantime, sales of manufactured goods went up 3%, led by second-hand goods and turnover in non-store sales. Also, there was a slightly smaller rise in the turnover of other non-specialized stores selling predominantly manufactured goods, i.e. department stores, and in pharmacies and stores selling cosmetics. By contrast, selling via mail order or the internet shrank 12%, and that in grocery stores fell 1%. On a monthly basis, retail sales rose 6.5% in May, reversing from a 5.6% drop in April. For the first five months of the year, retail trade gained 9% compared to the same period of 2021.
2022-06-30