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Estonia retail gross sales up 8% y.o.y. in January

Regional As we speak

Friday, Mar 4, 2022, 10:05

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Estonia’s retail gross sales, excluding motor autos and bikes commerce, elevated 8% year-on-year in January, information from the Tallinn-based Statistics Estonia (SE) confirmed on Wednesday.

“The turnover development in enterprises engaged within the retail sale of automotive gasoline accounted for almost a half of the entire rise within the turnover of retail commerce enterprises,” Johanna Pihlak, analyst at SE, mentioned.

On a month-to-month foundation, retail gross sales declined 20% in January, this was primarily attributable to Christmas and year-end gross sales.

On a seasonally and working-day adjusted foundation, retail gross sales turnover remained unchanged month-to-month in January. 

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