In August, turnover grew the most in stores selling manufactured goods
According to Statistics Estonia, in August 2021, the turnover of retail trade enterprises was 762 million euros. Compared to August 2020, turnover increased by 9% at constant prices.
Jaanika Tiigiste, leading analyst at Statistics Estonia, said that turnover increased in grocery stores and in stores selling manufactured goods as well as in enterprises engaged in the retail sale of automotive fuel. “Among these three, turnover grew the most in stores selling manufactured goods – by 15%. In stores selling via mail order or the internet, turnover increased by as much as 33%,” added Tiigiste.
Among stores selling manufactured goods, a higher than average growth in turnover (17%) was recorded in stores selling household goods and appliances, hardware and building materials, and in stores selling second-hand goods and in non-store retail sale (stalls, markets, direct sale).
Compared to August 2020, turnover increased by 3% in grocery stores and by 9% in enterprises engaged in the retail sale of automotive fuel.
In August, compared to July this year, the turnover of retail trade enterprises decreased by 3%. According to the seasonally and working-day adjusted data, turnover remained on the same level compared to the previous month.
In the first eight months of 2021, the turnover of retail trade enterprises increased by 11% compared to the same period of the previous year.
The statistics are based on the VAT declaration data of the Estonian Tax and Customs Board. Statistics Estonia performs the statistical activity “Financial statistics of trade enterprises (monthly)” for the Ministry of Economic Affairs and Communications in order to determine how the Estonian economy is doing.
See also the internal trade section on our website.
More detailed data have been published in the statistical database.
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