In June, the turnover growth of retail trade enterprises continued

News
Posted on 30 July 2019, 11:00

According to Statistics Estonia, in June 2019, compared to June of the previous year, the turnover of retail trade enterprises increased 3% at constant prices and was 635 million euros.

The turnover of stores selling manufactured goods increased 4% compared to June 2018. Turnover increased in five and decreased in two economic activities. Turnover increased the most in stores selling textiles, clothing and footwear, with sales increasing 12% year on year. A higher than average increase in turnover occurred also in other specialised stores, such as stores selling predominantly computers and their accessories, books, sports equipment, games, toys, flowers, plants, etc. (7% growth) and in other non-specialised stores selling predominantly manufactured goods (i.e. department stores) (5% growth).

The turnover of grocery stores increased by 3% compared to June of the previous year.

The turnover of enterprises engaged in the retail sales of automotive fuel decreased 2% compared to June of the previous year.

Compared to the previous month, in June, the turnover of retail trade enterprises decreased by 1%. According to the seasonally and working-day adjusted data, the sales remained at the previous month’s level.

In the six months of 2019 (January–June), the turnover of retail trade enterprises increased 5% compared to the corresponding period of the previous year.

The statistics are based on the VAT declaration data of the Estonian Tax and Customs Board. Statistics Estonia published the monthly summary in four working days. For the statistical activity “Economic indicators of trade enterprises”, the main representative of public interest is the Ministry of Economic Affairs and Communications, commissioned by whom Statistics Estonia performs this statistical activity.