<\/p>\n
According to data released by Statistics Estonia, in July, the turnover of retail trade businesses fell by 2 per cent compared to the same month last year, The total turnover of retail trade enterprises was 892 million euros.<\/p>\n
Johanna Linda Pihlak<\/strong>, an analyst at Statistics Estonia, explained that the decline was mainly driven by a reduction in sales at stores selling manufactured goods and grocery stores, with both categories experiencing a 3 per cent decrease in turnover. However, there was a notable increase of 4 per cent in the turnover of businesses engaged in automotive fuel sales.<\/p>\n Within the sector of stores selling manufactured goods, the most significant drop was seen in specialised stores dealing in computers, books, sports equipment, and toys, where turnover fell by 9 per cent. Other areas also saw declines, including stores selling household goods and appliances, which saw a 6 per cent decrease, and stores specialising in textiles, clothing, and footwear, which experienced a 4 per cent drop. Conversely, pharmacies and cosmetics stores saw an 8 per cent increase in turnover, while second-hand goods stores and non-store retail (such as stalls and markets) saw a 3 per cent increase. Department stores reported a modest 1 per cent increase, and turnover remained unchanged in mail-order and online stores.<\/p>\n Month-on-month, July’s retail trade turnover increased by 4 per cent compared to June, with seasonally and working-day adjusted data showing a 1 per cent rise.<\/p>\n In the first seven months of 2024, the turnover of retail trade enterprises has 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, in July, the turnover of retail trade businesses fell by 2 per … Read more<\/span><\/p>\n","protected":false},"author":10,"featured_media":137542,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[50,64],"tags":[22875,22876,22878,14064,16404,22613],"class_list":["post-137541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-estonia","category-viro","tag-july-2024","tag-economic-indicators-estonia","tag-economy-estonia","tag-statistics-estonia","tag-retail-trade","tag-retail-sales-drop"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t