Estonian retail trade fell by 6.5% year-on-year in December of 2022, the fourth straight month of fall in retail sales and the steepest decline in the current sequence, after a 2.3% drop in November. The decrease in retail sales was influenced the most by the stores selling manufactured goods (-11%), mainly in stores selling via mail order or the internet (-27%). The drop in turnover was above average also in stores selling household goods and appliances, hardware and building materials (-16%) and in other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. (-12%). On a monthly basis, retail sales grew 7.3%, the most since March, following rising 3.6% in November. For the full year, the retail trade grew 2% from a year earlier. source: Statistics Estonia

Retail Sales YoY in Estonia averaged 5.25 percent from 1999 until 2022, 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 February of 2023.

Retail Sales YoY in Estonia is expected to be -4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia Retail Sales YoY is projected to trend around 0.80 percent in 2024 and 2.00 percent in 2025, according to our econometric models.

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Estonia Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-12-30 06:00 AM Nov -2.3% -4.0% -3.2%
2023-01-30 06:00 AM Dec -6.5% -2.3% -2.7%
2023-03-03 06:00 AM Jan -6.5% -7.8%


Related Last Previous Unit Reference
Retail Sales MoM 7.30 3.60 percent Jan 2023
Retail Sales YoY -6.50 -2.30 percent Dec 2022
Consumer Spending 3394.20 3396.40 EUR Million Sep 2022

Estonia Retail Sales YoY
In Estonia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.
Actual Previous Highest Lowest Dates Unit Frequency
-6.50 -2.30 24.70 -21.60 1999 - 2022 percent Monthly

News Stream
Estonian Retail Sales Drop at Faster Pace
Estonian retail trade fell by 6.5% year-on-year in December of 2022, the fourth straight month of fall in retail sales and the steepest decline in the current sequence, after a 2.3% drop in November. The decrease in retail sales was influenced the most by the stores selling manufactured goods (-11%), mainly in stores selling via mail order or the internet (-27%). The drop in turnover was above average also in stores selling household goods and appliances, hardware and building materials (-16%) and in other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. (-12%). On a monthly basis, retail sales grew 7.3%, the most since March, following rising 3.6% in November. For the full year, the retail trade grew 2% from a year earlier.
2023-01-30
Estonian Retail Sales Fall for 3rd Straight Month
Estonian retail trade dropped by 2.3 percent year-on-year in November of 2022, the third straight month of fall in retail activity although easing from a 4 percent fall in the prior month. The decline in retail activity was mainly led by the continued decline in stores selling manufactured goods (-7 percent), mainly in stores selling household appliances, hardware & building materials (-14 percent). On the other hand, sales increased in stores selling textiles, clothing, & footwear (2 percent). On a monthly basis, retail sales activity climbed 3.6 percent, after showing no growth in October.
2022-12-30
Estonian Retail Sales Drop for 2nd Month
Estonian retail trade fell by 4.0% yoy in October of 2022, following a 5.8% drop in the prior month. This was the second straight of decline in retail sales, dragged down by a fall in stores selling manufactured goods (-4%), mainly in stores selling household goods and appliances, hardware and building materials (-14%). Also, sales in other non-specialised stores selling predominantly manufactured goods, and turnover of pharmacies and stores selling cosmetics was down by 4%. On a monthly basis, retail sales showed no growth in October, after a 5.8 percent drop in September.
2022-11-29