Retail Sales in Estonia decreased 1 percent in November of 2018 over the previous month. Retail Sales MoM in Estonia averaged 0.44 percent from 1998 until 2018, reaching an all time high of 21 percent in December of 2015 and a record low of -29 percent in January of 2003.
Retail Sales MoM in Estonia is expected to be 15.00 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 -3.00 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.