Estonia's retail trade increases 16 percent in May ({{contentCtrl.commentsTotal}})

A retail consumer (Picture is illustrative)
A retail consumer (Picture is illustrative) Source: Teet Malsroos/Õhtuleht

Estonia's seasonally adjusted volume of retail trade increased 16.2 percent on month in May while the average month-on-month growth in the European Union (EU) was 16.4 percent.

The volume of retail trade increased by 17.8 percent in the euro area in May compared with April, according to figures available from Eurostat, the statistical office of the European Union.

In April 2020, the retail trade volume decreased by 12.1 percent in the euro area and by 11.4 percent in the EU. In May 2020 compared with May 2019, the calendar-adjusted retail sales index decreased by 5.1 percent in the euro area and by 4.2 percent in the EU.

In the euro area in May 2020, compared with April 2020, the volume of retail trade increased by 38.4 percent for automotive fuels, by 34.5 percent for non-food products and by 2.2 percent for food, drinks, and tobacco.

In the EU, the volume of retail trade increased by 31.9 percent for automotive fuels, by 30.2 percent for non-food products and by 2.1 percent for food,
drinks, and tobacco. The volume of mail and internet orders grew 10.9 percent in the euro area and 11.9 percent in the EU.

The volume of retail trade increased in all member states for which data are available, except in Bulgaria, where it remained unchanged. The highest increases were registered in Luxembourg, by 28.6 percent, France, by 25.6 percent, and Austria, by 23.3 percent.

In the euro area in May 2020, compared with May 2019, the volume of retail trade decreased by 27.4 percent for automotive fuels and by 9 percent for non-food products while food, drinks, and tobacco increased by 4.9 percent.

In the EU, the volume of retail trade decreased by 24.3 percent for automotive fuels and by 6.9 percent for non-food products while food,
drinks and tobacco increased by 4.1 percent.

Among member states for which data are available, the largest decreases were registered in Bulgaria by -20.4 percent, Luxembourg by -19.7 percent, and Spain by -17.9 percent.

The highest increases were observed in Germany by 7.2 percent, Denmark by 6.6 percent, and Austria by 4.8 percent.

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Editor: Katriin Eikin Sein

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