In July, retail trade volume decreased by 2%

Johanna Linda Pihlak, analyst at Statistics Estonia, said that the decline in the volume of retail trade turnover in July was due to stores selling manufactured goods and grocery stores – in both of these, turnover volume decreased by 3% compared with July last year. “On the other hand, the turnover volume of enterprises engaged in the retail sale of automotive fuel continued to increase in July and was up by 4% year on year,” noted Pihlak.

Among stores selling manufactured goods, the biggest decline at 9% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. Turnover volume decreased by 6% in stores selling household goods and appliances, hardware and building materials, and by 4% in stores selling textiles, clothing and footwear. The volume of turnover increased by 8% in pharmacies and stores selling cosmetics, by 3% in stores selling second-hand goods and non-store retail sale (stalls, markets, and direct sale), and by 1% in other non-specialised stores selling predominantly manufactured goods (department stores). Year on year, the volume of turnover was unchanged in stores selling via mail order or the internet.

Compared with June, the volume of retail trade turnover in July increased by 4%. According to the seasonally and working-day adjusted data, turnover volume was up by 1% in comparison with the previous month.

In the first seven months of 2024, the turnover volume of retail trade enterprises decreased by 4% compared with the same period of the previous year.

Turnover volume index – an index that expresses the change in the volume of sales of goods at constant prices compared with the sales in a previous period. Price indices of goods are used in the calculation of the turnover volume index.

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.
 

When using Statistics Estonia’s data and graphs, please indicate the source.
 

For further information:

Heidi Kukk
Media Relations Manager
Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9181
press [at] stat.ee

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