In February, turnover fell the most in stores selling manufactured goods
According to Statistics Estonia, in February, the turnover of retail trade enterprises was 740 million euros. Compared with February 2022, turnover decreased by 6% at constant prices.
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the decline in the turnover of retail trade enterprises in February was most affected by stores selling manufactured goods, where turnover fell by 8% year on year. “Turnover was down in most sectors, except for stores selling textiles, clothing and footwear, in which turnover was up by 5% compared with February 2022,” Pihlak added.
Among stores selling manufactured goods, turnover fell the most, by 13%, in other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. Turnover declined by 11% in stores selling household goods and appliances, hardware and building materials, by 5% in stores selling via mail order or the internet, by 3% in stores selling second-hand goods and non-store retail sale (stalls, markets, and direct sale), by 3% in pharmacies and stores selling cosmetics, and by 3% in other non-specialised stores selling predominantly manufactured goods (department stores).
Compared with February 2022, the turnover of grocery stores decreased by 5% and turnover of enterprises engaged in the retail sale of automotive fuel by 4%.
In February, the turnover of retail trade enterprises fell by 8% compared with January. According to the seasonally and working-day adjusted data, turnover decreased by 2% compared with the previous month.
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 (press[at]stat[dot]ee)