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Estonia Retail Sales Decrease in September

Retail

Photo by maxbelchenko / Shutterstock.com

Estonia's retail sales fell 6% year-on-year in September, after a 3% growth in August, data from Statistics Estonia (SE) showed on Friday.

Retail sales fell 6.0% year-on-year in September, after a 3% growth in August. Stores selling manufacturing goods influenced the most, with a 11% yearly decline in September.

On a monthly basis, retail sales fell 6% in September, after remaining unchanged in the prior month.

On a seasonally adjusted basis, retail sales declined 1% monthly in September.

In a separate report, the Tallinn-based statistics agency said the country's industrial production declined in September, amid a fall in manufacturing and mining output. On a seasonally adjusted basis, industrial production decreased by 3.5% monthly in September. 

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