Estonian retail trade increased 3 percent year-on-year in October 2018, accelerating from a downwardly revised 2 percent rise in the prior month. It is the highest annual gain in retail sales since June, when sales fell by 2 percent. Sales rose faster for: household goods and appliances, hardware and building materials (9 pct vs 4 pct in September); pharmaceutical and medical goods, cosmetics (14 pct vs 11 pct) while sales of second-hand goods rebounded (5 pct vs -4 pct). Sales were unchanged for both other specialized stores (at 20 pct) and retail sales via mail order houses or via internet (at 9 pct). Meanwhile, sales continued to fall for: food, beverages and tobacco (-16 pct vs -11 pct) and automotive fuel (-8 pct vs -6 pct); and sales dropped for textiles, clothing, footwear and leather goods (-8 pct vs 2 pct). On a monthly basis, retail sales surged by 4 percent, after a 5 percent decline in September. Retail Sales YoY in Estonia averaged 5.23 percent from 1999 until 2018, reaching an all time high of 25 percent in February of 2007 and a record low of -21 percent in February of 2009.

Retail Sales YoY in Estonia is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Estonia to stand at 2.00 in 12 months time. In the long-term, the Estonia Retail Sales YoY is projected to trend around 2.00 percent in 2020, according to our econometric models.

Estonia Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 05:00 AM Retail Sales YoY 2% -2% 3%
2018-09-28 05:00 AM Retail Sales YoY 2% 2% 2%
2018-10-30 06:00 AM Retail Sales YoY 3% 2% 2%
2018-11-30 06:00 AM Retail Sales YoY 3% 2% 1%
2019-01-02 06:00 AM Retail Sales YoY 3%
2019-01-30 06:00 AM Retail Sales YoY 1%
2019-03-01 06:00 AM Retail Sales YoY


Estonia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -4.80 -5.10 12.80 -38.00 Index Points [+]
Retail Sales MoM 4.00 -5.00 21.00 -29.00 percent [+]
Retail Sales YoY 3.00 2.00 25.00 -21.00 percent [+]
Consumer Spending 2595.20 2613.10 2613.10 865.60 EUR Million [+]
Personal Savings 11.28 11.66 21.33 -3.91 percent [+]
Consumer Credit 8688.60 8620.30 8688.60 113.80 EUR Million [+]
Households Debt To Income 69.50 69.65 93.01 15.01 percent [+]
Bank Lending Rate 3.46 3.72 7.19 2.83 percent [+]
Gasoline Prices 1.47 1.54 1.83 0.33 USD/Liter [+]
Consumer Confidence Current Conditions 4.50 -0.40 33.00 -72.10 [+]
Consumer Confidence Economic Expectations 12.10 9.20 26.90 -38.30 [+]
Consumer Confidence Financial Expectations 4.80 5.00 17.30 -38.30 [+]
Consumer Confidence Major Purchases Expectations -22.20 -23.30 -0.30 -64.30 [+]
Consumer Confidence Price Trends 34.80 31.70 87.80 -28.80 [+]
Consumer Confidence Savings Expectations -10.90 -17.40 -4.20 -69.20 [+]
Consumer Confidence Unemployment Expectations 4.80 6.50 81.00 -21.60 [+]


Estonia Retail Sales YoY

In Estonia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Estonia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 2.00 25.00 -21.00 1999 - 2018 percent Monthly




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