In November, retail trade fared better than last year
According to Statistics Estonia, in November 2020, the turnover of retail trade enterprises was 655 million euros. Compared to November 2019, turnover increased by 6% at constant prices.
The turnover of stores selling manufactured goods increased by 13% year on year. Leading analyst at Statistics Estonia Jaanika Tiigiste noted that turnover increased the most, by 29%, in other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. “Also, turnover rose by 27% in stores selling via mail order or the internet, by 14% in stores selling household goods and appliances, hardware and building materials, by 8% in pharmacies and stores selling cosmetics and by 5% in stores selling second-hand goods and in non-store retail sale (stalls, markets, direct sale),” added Tiigiste. Turnover decreased by 13% in stores selling textiles, clothing and footwear and by 6% in other non-specialised stores selling predominantly manufactured goods (department stores).
Compared to November 2019, the turnover of grocery stores increased by 2%. The turnover of enterprises engaged in the retail sale of automotive fuel fell by 3%.
In November, compared to October, the turnover of retail trade enterprises decreased by 2%. According to the seasonally and working-day adjusted data, turnover increased by 1%.
In eleven months of 2020, the turnover of retail trade enterprises increased by 3% 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 with the aim to determine the economic situation in Estonia.
See also the internal trade section on our website.
More detailed data have been published in the statistical database.
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