Estonia Retail Sales YoY  Forecast


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Retail Sales YoY in Estonia is expected to be 5.00 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 2.46 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 Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence -0.3 -0.99 -2.13 -3.09 -3.89 -7.21
Retail Sales MoM -6 18 0.54 0.51 0.44 10
Retail Sales YoY 1 5 1.64 2.08 2.46 2
Consumer Spending 2524 2526 2465 2508 2462 2458
Personal Savings 8.77 7.48 7.42 7.36 7.3 7.41
Consumer Credit 8110 8258 8388 8500 8595 8814
Households Debt To Income 70.87 70.08 69.13 68.19 67.25 58.27
Bank Lending Rate 3.29 3.22 3.26 3.28 3.3 3.47
Gasoline Prices 1.37 1.36 1.35 1.34 1.34 1.28
Consumer Confidence Current Conditions 4.5 1.97 0.24 -1.34 -2.75 -10.06
Consumer Confidence Economic Expectations 12.1 7.88 6.05 4.56 3.35 -1.11
Consumer Confidence Financial Expectations 4.8 2.95 2.16 1.43 0.76 -3.25
Consumer Confidence Major Purchases Expectations -22.2 -23.12 -23.48 -23.83 -24.16 -26.48
Consumer Confidence Price Trends 34.8 35.48 35.49 35.48 35.48 35.44
Consumer Confidence Savings Expectations -10.9 -14.28 -14.84 -15.37 -15.89 -20.04
Consumer Confidence Unemployment Expectations 4.8 7.41 8.78 10.05 11.23 18.45