Turnover of retail trade enterprises increased also in November
According to Statistics Estonia, in November 2019, the turnover of retail trade enterprises was 628 million euros. Turnover increased by 4% at constant prices compared to November 2018.
The turnover of stores selling manufactured goods increased by 3%. The greatest increase in turnover was experienced by stores selling textiles, clothing and footwear, with sales increasing 12% year on year. A higher than average increase in turnover occurred also in other non-specialised stores selling predominantly manufactured goods, i.e. department stores (10%), and in other specialised stores, such as stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. (5%).
The turnover of grocery stores increased by 4% and the turnover of enterprises engaged in the retail sales of automotive fuel by 3%.
Compared to October 2019, in November, the turnover of retail trade enterprises decreased by 2%. According to the seasonally and working-day adjusted data, however, turnover increased by 2%. In the eleven months of 2019 (January – November), the turnover of retail trade enterprises increased by 4% compared to the same period of 2018.
The statistics are based on the VAT declaration data of the Estonian Tax and Customs Board. Statistics Estonia published the monthly summary in three working days. For the statistical activity “Financial statistics of trade enterprises (monthly)”, the main representative of public interest is the Ministry of Economic Affairs and Communications, commissioned by whom Statistics Estonia performs this statistical activity.
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