Retail trade turnover fell by 11% in April
According to Statistics Estonia, in April, the turnover of retail trade enterprises was 844 million euros. Compared with April 2022, turnover decreased by 11% at constant prices.
Johanna Linda Pihlak, analyst at Statistics Estonia, said that, in April, there was a decline in the turnover of grocery stores, stores selling manufactured goods as well as enterprises engaged in the retail sale of automotive fuel. “Of these three, stores selling manufactured goods reported the biggest fall in turnover – 15%. Turnover was down in all economic activities,” added Pihlak.
Among stores selling manufactured goods, turnover fell the most, by 24%, in stores selling via mail order or the internet. A higher-than-average decrease was also recorded in the turnover of other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. (21%).
Compared with April 2022, turnover decreased by 6% in both grocery stores and enterprises engaged in the retail sale of automotive fuel.
In April compared with March, the turnover of retail trade enterprises fell by 3%. According to the seasonally and working-day adjusted data, turnover was unchanged compared with the previous month.
In the first four months of 2023, the turnover of retail trade enterprises decreased by 9% compared with 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.
For further information:
Helen Maria Raadik
Media Relations Manager
Marketing and Dissemination Department
Tel +372 625 9181
press [at] stat.ee ()