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Monday 16.07.2018 | Name days: Hermīne, Estere
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Estonia retail sales surge for fourth consecutive month

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Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RU

Estonia retail sales soared 5% in December 2010, compared to October 2009. Moreover the rise has been ongoing for the fourth consecutive month already.

A 1% growth in September and October 2010 replaced the two and a half years long retail sales drop. While November saw an even faster sales growth reaching 5%, compared to October, according to Estonian statistics office.

Despite all this, retail sales fell 4% during the year, amounting to about 3.5 billion euro.

Retail sales formed 354 million euro in December, mostly affected by an 11% annual growth in sales at stores trading manufactured goods, compared to November 2009.

Sales have climbed in the majority of commercial sectors, while the biggest spike was recorded in specialized concept stores primarily selling computers and accessories, photo equipment, sporting goods, books and toys. Such stores report a retail sales surge of 18%, compared to December 2009.

Retail sales have remained more or less flat at grocery stores, compared to December 2009 – a growth of 1%, due to constant price gains.

Retail revenue amounted to 427 million euro in December 2010.


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  1. Pop says:

    4 months in a row is a good indicator.

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