In October, retail trade enterprises did better than last year
According to Statistics Estonia, in October 2020, the turnover of retail trade enterprises was 665 million euros. Compared to October 2019, turnover increased by 6% at constant prices.
According to Jaanika Tiigiste, leading analyst at Statistics Estonia, turnover increased in enterprises engaged in the retail sale of automotive fuel as well as in grocery stores and in stores selling manufactured goods. “Among these three types of retail trade enterprises, turnover increased the most, by 7%, in stores selling manufactured goods. Sales grew in all activities, except for other non-specialised stores selling predominantly manufactured goods (department stores),” added Tiigiste.
Among the stores selling manufactured goods, the greatest increase in turnover (13%) was recorded in other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, flowers, plants, etc. Turnover increased by 11% in stores selling via mail order or the internet, by 8% in stores selling household goods and appliances, hardware and building materials, by 6% in stores selling second-hand goods and in non-store retail sale (stalls, markets, direct sale), by 3% in stores selling textiles, clothing and footwear, and by 1% in pharmacies and stores selling cosmetics.
Compared to October 2019, the turnover of grocery stores increased by 5% and the turnover of enterprises engaged in the retail sale of automotive fuel by 6%.
In October, compared to September, the turnover of retail trade enterprises grew by 4%. According to the seasonally and working-day adjusted data, turnover increased by 1%.
In the first ten 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 in order to determine how the Estonian economy is performing.
More detailed data have been published in the statistical database.
See also the internal trade section of our website.
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