<\/p>\n
According to data released by Statistics Estonia, retail trade turnover in the country in June 2024 amounted to 866 million euros, marking a 5 per cent decrease compared to June 2023. This decline is attributed largely to a significant drop in sales at stores specialising in manufactured goods.<\/p>\n
Johanna Linda Pihlak<\/b>, an analyst at Statistics Estonia, explained that the downturn in retail trade volume was most pronounced among stores selling manufactured goods, with their turnover decreasing by 9 per cent year on year. Within this category, stores dealing in textiles, clothing, and footwear saw the steepest drop, with a 17 per cent reduction in turnover. Additionally, stores selling household goods, appliances, hardware, and building materials experienced a notable decrease of 16 per cent in their turnover volume.<\/p>\n
Other segments that saw declines included second-hand goods stores and non-store retail sales, such as stalls and markets, where turnover fell by 11 per cent. Non-specialised stores selling predominantly manufactured goods, like department stores, also saw a 10 per cent drop. Conversely, specialised stores that focus on items such as computers, accessories, books, sports equipment, games, and toys, reported a 2 per cent increase in turnover.<\/p>\n
In the grocery sector, turnover decreased by 4 per cent compared to June 2023, while retail businesses involved in automotive fuel sales saw a 2 per cent increase.<\/p>\n
Month-over-month, retail trade turnover dropped by 3 per cent from May to June. After adjusting for seasonal and working-day variations, turnover was down by 1 per cent from the previous month.<\/p>\n
In the first half of 2024, the turnover volume of retail trade enterprises decreased by 4 per cent compared to the same period last year.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
According to data released by Statistics Estonia, retail trade turnover in the country in June 2024 amounted to 866 … Read more<\/span><\/p>\n","protected":false},"author":10,"featured_media":136797,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"ngg_post_thumbnail":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[50],"tags":[14064,16404,22608,22610,22611,22612,22613],"class_list":["post-136795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-estonia","tag-statistics-estonia","tag-retail-trade","tag-june-2024","tag-retail-sales-volume","tag-estonia-economics","tag-retail-trends-in-estonia","tag-retail-sales-drop"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/posts\/136795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/comments?post=136795"}],"version-history":[{"count":1,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/posts\/136795\/revisions"}],"predecessor-version":[{"id":136796,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/posts\/136795\/revisions\/136796"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/media\/136797"}],"wp:attachment":[{"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/media?parent=136795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/categories?post=136795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/balticguide.ee\/en\/wp-json\/wp\/v2\/tags?post=136795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}