Retail trade turnover down by 2% in November
According to Statistics Estonia, in November, the turnover of retail trade enterprises was 939 million euros. Compared with November 2021, turnover decreased by 2% at constant prices.
Johanna Linda Pihlak, an analyst at Statistics Estonia, said that the decrease in retail trade turnover in November was influenced the most by stores selling manufactured goods, where turnover fell by 7%. “Turnover decreased in most sectors, except for stores selling textiles, clothing, and footwear, in which turnover was up by 2%, and for pharmacies and stores selling cosmetics, where turnover remained at last year’s level,” Pihlak added.
Among stores selling manufactured goods, turnover fell the most, by 14%, in stores selling household goods and appliances, hardware and building materials. Turnover decreased by 10% in stores selling via mail order or the internet, by 5% in other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc., by 3% in other non-specialised stores selling predominantly manufactured goods (i.e. department stores), and by 2% in stores selling second-hand goods and non-store retail sale (stalls, markets, and direct sale).
The turnover of grocery stores was down by 4% and turnover of enterprises engaged in the retail sale of automotive fuel was up by 18% compared with November last year.
Compared with October, the turnover of retail trade enterprises grew by 4%. According to the seasonally and working-day adjusted data, the increase was 2%.
In the first eleven months of 2022, the turnover of retail trade enterprises increased by 3% compared with the same period of 2021.
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.
For further information:
Helen Maria Raadik
Media Relations Manager
Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9181
press [at] stat.ee