The turnover of retail trade enterprises in September was EUR 643 million, up by 6% YoY, with pricing being constant, according to Statistics Estonia (Statistikaamet).
Jaanika Tiigiste, a leading analyst at Statistics Estonia, noted that turnover in September saw a larger increase than August.
“In September, turnover growth was driven mostly by stores selling manufactured goods,” she said.
Compared to September 2019, turnover increased by 8% in stores selling manufactured goods. Among these it increased the most, by 17%, in stores selling via mail order or the Internet and at the same rate in other specialized stores selling predominantly computers and their accessories, books, sports equipment, games, toys, flowers, plants, etc.
In addition, turnover increased by 13% in stores selling second-hand goods and in non-store retail sale, by 9% in pharmacies and stores selling cosmetics and by 5% in stores selling household goods and appliances, hardware and building materials.
Turnover decreased by 4% YoY in stores selling textiles, clothing and footwear and by 1% in other non-specialized stores selling predominantly manufactured goods (department stores).
Compared to September 2019, the turnover of grocery stores increased by 3% and the turnover of enterprises engaged in the retail sale of automotive fuel by 4%.
The turnover of retail trade enterprises decreased by 3% MoM. According to the seasonally and working-day adjusted data, turnover increased by 1%.
In the first nine months of 2020, the turnover of retail trade enterprises increased by 2% YoY, according to Statistics Estonia. (ERR/Business World Magazine)