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29.10.2022 | Estonia

Retail trade down 6% in September

Text Mark Taylor
Photo Andrei Chertkov

Retail trade down 6% in September

 

According to Statistics Estonia, in September, the turnover of retail trade enterprises was 886 million euros. When compared with September 2021, turnover decreased by 6% at constant prices.

For Johanna Linda Pihlak, an analyst at Statistics Estonia, 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 on 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. However, the turnover of enterprises engaged in the retail sale of automotive fuel 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 in 2021.

 

To learn more about this and similar topics
Department Stores Grocery Stores Internet Johanna Linda Pihlak Retail Retail Trade Statistics Estonia Turnover

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