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Estonia Retail Sales Decline In October

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Monday, the Statistics Estonia announced that the retail sales at retail trade enterprises dropped a seasonally and working day adjusted 1% month-on-month in October, slower than the 2% decline in the previous month.

On an annual basis, retail sales decreased 17% in October, at a same pace as in the preceding month.

Retail sales for stores selling manufactured goods,decreased 26% annually in October, while retail sales in grocery stores decreased 9%.

Meanwhile, revenues from sales decreased 21% year-on-year in October, and it was up 4% compared to the preceding month.

Monday, the Statistics Estonia announced that the retail sales at retail trade enterprises dropped a seasonally and working day adjusted 1% month-on-month in October, slower than the 2% decline in the previous month. (Market News Provided by RTTNews)

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