Estonian retail trade fell 1 percent year-on-year in May 2020, after a 15.1 percent plunge in the prior month. It was the second straight decline in retail trade, amid the loosening restriction measures that led consumers to stay at home. On a monthly basis, retail trade jumped 22 percent, following a 17.8 percent tumble in April.
Retail Sales YoY in Estonia averaged 5.05 percent from 1999 until 2020, reaching an all time high of 24.70 percent in February of 2007 and a record low of -21.60 percent in February of 2009. This page provides - Estonia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
Retail Sales YoY in Estonia is expected to be -9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Estonia to stand at 2.80 in 12 months time. In the long-term, the Estonia Retail Sales YoY is projected to trend around 5.80 percent in 2021 and 4.00 percent in 2022, according to our econometric models.