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Financial News: Estonia Retail Sales Growth Stable In December

Estonia Retail Sales Growth Stable In December

01/30/2020 - 03:04:00 (RTTNews)

(RTTNews) - Estonia retail sales growth remained stable in December, data from Statistics Estonia showed on Thursday.

Retail sales, excluding motor vehicles and motor cycles trade, grew 4.0 percent year-on-year in December. In November, sales rose 4 percent.

Stores selling manufactured goods grew 6.0 percent annually in December. The biggest gain of 11 percent was logged in other specialized stores.

Grocery sales grew 5 percent, while sales of automotive fuel decreased 4 percent.

On a month-on-month basis, retail sales rose a seasonally and working-day adjusted 12.0 percent in December, boosted by Christmas and turn-of-the-year sales.

On an average, retail sales increased 4 percent in 2019 compared to the last year.

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