Estonia Retail Sales Growth Eases In May

Estonia's retail sales rose at a softer pace in May, data from Statistics Estonia showed on Thursday.

Retail turnover increased 2 percent year-on-year in May, after a 12 percent rise in April.

"In May, the increase in turnover was primarily influenced by enterprises engaged in the retail sale of automotive fuel, where turnover grew by 8 percent compared to May 2021," Johanna Pihlak, analyst at Statistics Estonia, said.

On a monthly basis, retail sales rose 7.0 percent in May. On a seasonally and working-day adjusted basis, retail sales turnover remained unchanged monthly.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Omnichannel retailer Macy's, Inc. announced Monday plans to hire colleagues for more than 41,000 full- and part-time seasonal positions for the upcoming holiday season. The colleagues will be positioned at its Macy's, Bloomingdale's and Bluemercury stores, supply chain locations and call centers. Seffner, Florida -based Canyon Furniture Co. is recalling ladders sold with bunk bed and hutch sets citing entrapment and strangulation risks, the U.S. Consumer Product Safety Commission said. The about 2,100 units of Canyon Lake and Cottage Colors Bunk Bed and Hutch Sets were sold exclusively at Rooms To Go. Lyft announced the expansion to its partnership with Indeed in Jobs Access program. The ride-hailing company will be providing transportation access for Indeed's Ready to Work program. Indeed's Ready to Work program is a series of free virtual and in-person events for job seekers in several cities across the U.S. from September 15 to October 8, 2022.
Follow RTT