Statistics: July retail turnover unchanged year on year | Economy


Johanna Linda Pihlak, analyst at Statistics Estonia, noted that turnover increased year-on-year in July by 2% in stores selling manufactured goods and 1% in retail businesses. automotive fuel.

She said: ‘Grocery store sales continued to decline in July and fell 2% year on year.

Between June and July this year, the turnover of retail companies increased by 1%, while in terms of data adjusted for seasonal variations and working days, there was no change .

Meanwhile, in the first seven months of 2022, the turnover of retail businesses increased by 6% compared to January-July 2021.

Retail turnover volume Source: Statistics Estonia

On the year to July, among stores selling manufactured goods, the largest increase was recorded in the turnover of “other non-specialized stores”, i.e. department stores, where the turnover business increased by 9%, according to Statistics Estonia.

Turnover increased by 8% in second-hand shops and non-store retail (stalls, markets, direct sales), 6% in pharmacies and cosmetics stores, 3% for other specialized stores mainly selling computers and their accessories, books, sporting goods, games, toys, etc., and 2% in stores selling by mail order or on the Internet.

Sales were down 2% for stores selling housewares and appliances, hardware and building materials. With stores selling textiles, clothes and shoes, turnover remained at the same level as in July last year.

Statistics Estonia uses VAT return data from the Estonian Tax and Customs Agency (MTA) as the basis for compiling the above survey, which it conducts on behalf of the Ministry of Economic Affairs and Communications.

More detailed information is here and here.

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