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Estonia: Estonia Retail Sales Growth Quickens In September

2012/10/31

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Estonia Retail Sales Growth Quickens In September

Estonia's retail sales increased at a faster pace in September, data released by Statistics Estonia showed Tuesday.Retail sales, in volume terms, increased 7 % on an annual basis in September, faster than the 6 % gain seen in August. In July sales had gained 7 %.Driving the faster in general increase, sales of manufactured goods increased 12 %, and those of grocery rose by 4 %.

On a monthly basis, trade in the retail sector advanced a seasonally and working-day adjusted 1 % in September. In the January-September period, sales advanced 8 % from the same period a year before , data showed.

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