Estonia Retail Sales Decline In September

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Friday, Statistics Estonia said in a report that the retail sales of goods of retail trade dropped a seasonally adjusted 2% month-on-month in September, with the rate of decline holding steady at 2% in the past three months.

Year-on-year, retail sales dropped 17% to EEK 4.3 billion in September. Sales in stores selling manufacture goods recorded the most significant decline at 28%.

Revenues from sales of retail trade enterprises decreased 23% on an annual basis in September, and it was down 7% compared to the previous month to total EEK 5.2 billion.

Friday, Statistics Estonia said in a report that the retail sales of goods of retail trade dropped a seasonally adjusted 2% month-on-month in September, with the rate of decline holding steady at 2% in the past three months. (Market News Provided by RTTNews)