In June, the turnover of retail trade enterprises decreased

news release no 80

According to Statistics Estonia, in June 2018, compared to June of the previous year, the turnover of retail trade enterprises decreased 1% at constant prices.

In June 2018, the turnover of retail trade enterprises was 613.6 million euros.

The turnover growth of stores selling manufactured goods slowed down in June. While in May, the turnover of these stores increased 6% compared to the same month of the previous year, in June the growth was 2%. The turnover increased in four and decreased in two economic activities. In one economic activity, sales remained on the level of the previous year. Compared to June of the previous year, turnover increased in stores selling household goods and appliances, hardware and building materials (9% growth), in stores selling via mail order or the internet (7% growth), in pharmacies and stores selling cosmetics (5% growth) and in non‑specialised stores, e.g. department stores, selling predominantly manufactured goods (1% growth). Compared to June of the previous year, turnover decreased in other specialised stores, such as stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc., in stores selling second-hand goods and in non-store retail sale (stalls, markets, direct sale). In stores selling textiles, clothing and footwear, turnover remained at the same level as in June of the previous year.

The turnover of grocery stores decreased 4% compared to June 2017.

The turnover of enterprises engaged in retail sales of automotive fuel decreased 4% compared to June of the previous year.

Compared to the previous month, in June, the turnover of retail trade enterprises decreased 2%. According to the seasonally and working-day adjusted data, the decrease was also 2%. In the six months of 2018 (January–June), the turnover of retail trade enterprises increased 0.5% compared to the corresponding period of the previous year.

Turnover volume index of retail trade enterprises and its trend, January 2008 – June 2018

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.

For further information:

Jaanika Tiigiste
Leading Analyst
Enterprise and Agricultural Statistics Department
Statistics Estonia
Tel. +372 625 9257

More detailed data have been published in the Statistical Database (trade volume indices and economic indicators of internal trade).