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Estonia December Retail Sales Growth Weakens

Estonia's retail sales increased at a slower pace in December, data released by Statistics Estonia revealed Friday.

Retail sales, at constant prices, advanced 5 percent in December from the corresponding month of 2012. This followed a 7 percent increase in November.

Sales of clothing, footwear and leather goods advanced 8 percent during the month, and sales via mail order houses or internet climbed 26 percent.

Meanwhile, trade in food, beverages and tobacco in specialized stores fell sharply by 35 percent. There was a 10 percent decrease in sales of automotive fuel.

Overall retail sales climbed 18 percent compared to November, when they recorded a 4 percent decrease. In the year 2013, Estonia's retail sales advanced 5 percent from the prior year, the agency said.

by RTTNews Staff Writer

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