News
30-07-2010 15:11 Estonia
June retail sales fell 7% in a year in Estonia
Retail sales volume decreased 7% at constant prices in June year on year. According to Statistics Estonia, retail sales have been declining during the whole year in annual terms: in January retail sales decreased 12%, in February 11%, in March and April 9% and in May 5% compared to the respective months a year ago.
In June, retail sales were 4.8 billion kroons. The decrease in the retail sales of goods was most influenced by the stores selling manufactured goods, where the retail sales decreased by 8% compared to June 2009. Retail sales decreased the most i.e. 14% in the stores selling household goods and appliances, hardware and building materials.
Retail sales in grocery stores have been rather stable during the recent months. In June compared to June of the previous year, the retail sales of these stores decreased 3%.
Compared to the previous month, the retail sales of goods in retail trade enterprises increased 2% at constant prices. But according to the seasonally and working-day adjusted data, retail sales remained at the same level compared to the previous month.
In June, the revenues from sales of retail trade enterprises were 5.9 billion kroons, of which retail sales of goods accounted for 81%. Compared to June of the previous year, the revenues from sales stayed at the same level at current prices. But compared to the previous month, this indicator increased one percent.
Source: BBN
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