Retail Sales in Estonia increased 4.60 percent in July of 2019 over the previous month. Retail Sales MoM in Estonia averaged 0.48 percent from 1998 until 2019, reaching an all time high of 20.80 percent in December of 2015 and a record low of -28.90 percent in January of 2003.
Retail Sales MoM in Estonia is expected to be -3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Estonia to stand at 12.00 in 12 months time. In the long-term, the Estonia Retail Sales MoM is projected to trend around 10.00 percent in 2020, according to our econometric models.