Estonia Retail Sales Fall Further in December
Estonian retail trade shrank by 5.4% year-on-year in December, after an 8.8% drop in the previous month, which was the steepest drop since May, data from the Tallinn-based Statistics Estonia (SE) showed on Tuesday.
Sales have been falling since September 2022. Retail turnover decreased the most, by 14%, in other specialized stores selling predominantly computers and their accessories, books, sports equipment, games, and toys, the agency said. There was a notable 7% lower sale in stores selling manufactured goods.
On a monthly basis, retail trade jumped 11.3% in December, rebounding sharply from a 0.7% fall in November due to the Christmas and year-end sales.
For the full year 2023, retail trade declined by 8%.
Erste Bank Hungary Q1 Earnings Close to HUF 29 bln
Hungary Welcomes Extension of China's Visa Exemption Policy
Living's Kassák Terrace and Park West 3 Classified as Brownf...
Aldi Opening Biggest Store in Budapest
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
