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Estonia Nov. Retail Sales Decline Further

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

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

Retail sales for stores selling manufactured goods,decreased 24% annually in November, while retail sales in grocery stores decreased 9%.

Meanwhile, net sales of retail trade enterprises decreased 21% year-on-year in November and was down 9% compared to the preceding month.

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

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