Retail trade turnover fell in September
According to Statistics Estonia, in September, the turnover of retail trade enterprises was 886 million euros. Compared with September 2021, turnover decreased by 6% at constant prices.
Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that the decrease in retail trade turnover in September was influenced the most by stores selling manufactured goods, where turnover fell by 11%. „Turnover decreased in most sectors, except for stores selling second-hand goods and non-store retail sale (stalls, markets, and direct sale), where turnover was up by 1% compared with September 2021," Pihlak added.
Among stores selling manufactured goods, the biggest drop in turnover (by 22%) was recorded in stores selling via mail order or the internet. Turnover decreased by 14% in stores selling household goods and appliances, hardware and building materials, by 12% in stores selling textiles, clothing, and footwear, by 10% in other non-specialised stores selling predominantly manufactured goods (i.e. department stores), by 7% in other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc., and by 4% in pharmacies and stores selling cosmetics.
The turnover of grocery stores was down by 4% compared with September last year. Turnover of enterprises engaged in the retail sale of automotive fuel, however, increased by 10%.
Compared with August, the turnover of retail trade enterprises fell by 6% in September. According to the seasonally and working-day adjusted data, the decrease was 1%.
In the first nine months of 2022, the turnover of retail trade enterprises increased by 4% compared with the same period of 2021.
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