In July, the turnover of retail trade enterprises increased by 4%

According to Jaanika Tiigiste, leading analyst at Statistics Estonia, the first summer months had a positive effect on the turnover of stores selling manufactured goods: in July, their turnover increased by 7% year on year. “Turnover increased the most, or by a fifth, in other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, flowers, plants and so on,” said Tiigiste.

Turnover increased by 7% also in stores selling via mail order or the internet, and in stores selling second-hand goods and in non-store retail sale (stalls, markets, direct sale). Turnover increased by 6% in pharmacies and stores selling cosmetics and by 5% in stores selling household goods and appliances, hardware and building materials. In stores selling textiles, clothing and footwear, turnover decreased by 6% compared to July 2019 and in other non-specialised stores selling predominantly manufactured goods (department stores) by 2%.

The turnover of both grocery stores and enterprises engaged in the retail sale of automotive fuel increased by 1% year on year.

In July, compared to June, the turnover of retail trade enterprises increased by 1%. However, according to the seasonally and working-day adjusted data, turnover decreased by 1%.

In the first seven months of 2020, the turnover of retail trade enterprises increased by 2% compared to the same period of the previous year.

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 with the aim to determine the economic situation in Estonia.

More detailed data have been published in the statistical database.

For further information:

Kadri Kütt
Media Relations Manager 
Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9181