Statistics: Retail turnover rises 7 percent on year to January 2021

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A store customer (Picture is illustrative) Source: Teet Malsroos/Õhtuleht

Retail turnover rose by 7 percent on year to January 2021, state agency Statistics Estonia reports, to €618 million.

The agency's leading analyst, Jaanika Tiigiste, noted that turnover in particular grew in the retail of automotive fuel, as well as in grocery stores and in stores selling manufactured goods.

Tiigiste said: "The highest growth levels were reported by enterprises engaged in the retail sale of automotive fuel, since their turnover grew by 11 percent on year. Turnover increased by 8 percent in stores selling manufactured goods, and by 4 percent in grocery stores."

Manufactured goods, fuel, groceries retail sees rise, particularly online

With manufactured goods, the highest turnover – 48 percent – was posted in stores selling online or via mail order, Statistics Estonia reports.

Turnover increased by 19 percent in other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc., and by  9 percent in stores selling household goods and appliances, hardware and building materials.

Turnover volume index in the retail trade, January 2011-January 2021. Source: Statistics Estonia

Stores selling second-hand goods and non-store retail sales saw a 7 percent rise (e.g. stalls, markets, direct sale) over the same period.

Clothing, textiles, department stores, cosmetics see turnover fall

Meanwhile, turnover fell, by 21 percent, in stores selling textiles, clothing and footwear, by 3 percent in other non-specialised stores selling predominantly manufactured goods (department stores), and by 2 percent in pharmacies and stores selling cosmetics, Statistics Estonia says.

On the previous month, retail trade enterprise turnover fell by 17 percent – a phenomenon which Statistics Estonia says is a common one after Christmas and at the end of the year.

Seasonally and working-day adjusted data saw turnover rise by 2 percent on month to January.

More detailed information is here and here.

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Editor: Andrew Whyte

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