Estonia’s retail trade turnover declined by 10% in May 2023, according to data from Statistics Estonia, The Baltic Guide reports. The total turnover of retail trade enterprises amounted to EUR 905mn, which was down 10% from the same month last year at constant prices. Johanna Linda Pihlak, analyst at Statistics Estonia, said that grocery stores…
The continuing rise in prices in Estonia is driven by the increase in food prices, ERR reports. In June 2023, the growth of prices slowed down to 8.9% compared to the same month last year, according to preliminary data from Statistics Estonia. Compared to May 2023, prices went up by 0.8%, however. In both annual…
The total turnover of Estonia’s food retail chains rose by 12.4% in 2022, according to data from Statistics Estonia, ERR reports. Coop’s net retail sales amounted to EUR 805.9mn (up 7.2%) and operating profit to EUR 12.6mn (EUR 29.2mn). Selver’s sales stood at EUR 601.9mn (up 4.7%) and pre-tax net profit at EUR 11.2mn (down…
