Retail Sales in Estonia
Estonia - Retail Sales
Growth hit an over one-year high in the first quarter. Fixed investment spearheaded the overall expansion, on surging investment by non-financial companies, while public spending growth reached an over decade high. Household consumption, however, cooled despite growing wages, amid an increasing propensity to save as well as lower spending on utility bills due to a warmer winter. On the external front, exports growth lost some stride, chiefly due to cooling demand from top trading partners in the Eurozone, weighing on the current account surplus in Q1. Turning to the second quarter, incoming data signals a slight loss of momentum: Both consumer and business sentiment dipped in April, although they regained ground in May, while industrial output contracted in the first month of Q2.Estonia - Retail Sales Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Retail Sales (annual variation in %) | 5.2 | 6.7 | 8.0 | 5.6 | 3.6 |
Estonia Retail Sales Chart
Source: Statistics Estonia.
Estonia Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 1.13 | 0.65 % | Jul 11 |
| Stock Market | 1,276 | -0.38 % | Jul 11 |
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Economic News
Estonia: Inflation dives in June
July 12, 2019
Consumer prices rose 0.2% from the previous month in May, unchanged from the previous month’s result.
Estonia: Industrial productions increases in May
July 4, 2019
Industrial production rose 1.2% in annual working-day adjusted terms in May, contrasting a 0.3% year-on-year dip in April, which marked the first contraction since November 2017.
Estonia: Inflation inches down in May
June 14, 2019
Consumer prices rose 0.2% from the previous month in May, decelerating markedly from April’s 1.3% rise—which had marked the strongest monthly increase in over two years.
Estonia: Industrial output dips in April
June 4, 2019
Industrial production fell 0.4% in annual working-day adjusted terms in April, contrasting a healthy 2.3% increase in March and marking the first contraction since November 2017.
Estonia: Growth hits over one-year high in Q1
May 31, 2019
Economic growth clocked in at 4.5% in year-on-year terms in Q1 2019, picking up slightly from the 4.3% acceleration recorded in Q4 2018, according to a detailed GDP release by Estonia’s Statistical Institute.
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