Retail sales · Estonia

Estonia Retail Sales YoY

The Estonia Retail Sales YoY measures the value or volume of goods sold by shops and online retailers in Estonia.

Importance
Medium
Released
Monthly
Next release
Currency
EUR · euro
Central bank
The European Central Bank (with Eesti Pank)

Latest figures

The latest release for SEP, published on 29 October 2026, came in at 4.0%, down from 6.1% the time before.

Over the last 12 releases it ranged from -1.1% to 8.2%, averaging 3.2%.

Nov 2025: 4.0%Jan 2026: -0.4%Jan 2026: -0.4%Mar 2026: 8.2%Mar 2026: 4.8%Apr 2026: 6.9%May 2026: 1.6%Jun 2026: -1.1%Jul 2026: 0.8%Aug 2026: 4.1%Sep 2026: 6.1%Oct 2026: 4.0% Nov 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
29 Oct 2026SEP4.0%–6.1%
30 Sep 2026AUG6.1%–4.1%
27 Aug 2026JUL4.1%–0.8%
31 Jul 2026JUN0.8%–-1.1%
30 Jun 2026MAY-1.1%–1.6%
28 May 2026APR1.6%–6.9%
29 Apr 2026MAR6.9%–4.8%
30 Mar 2026FEB4.8%–8.2%
2 Mar 2026JAN8.2%–-0.4%
30 Jan 2026DEC-0.4%–-0.4%
2 Jan 2026NOV-0.4%–4.0%
28 Nov 2025OCT4.0%–3.7%

See it in the economic calendar →

Why it matters

Retail sales are the most timely measure of household spending, the largest part of the economy. Strong sales support growth and the euro; weak sales raise recession worries. In the US the "control group" (without autos, petrol, building materials and food services) feeds directly into GDP.

How it is calculated

Statistics Estonia surveys retailers on their monthly sales; value figures include price changes, volume figures remove them. Seasonal adjustment removes holiday patterns.

Change (mom) = sales this month ÷ sales last month − 1

What changes mean

  • Compare value and volume: rising value with falling volume is inflation, not stronger demand.
  • Ex-autos and ex-fuel versions remove the most volatile parts.
  • Revisions to the previous month can change the picture.

Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.

Lower than expected: A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.

A short history

The US Census Bureau has published monthly retail sales since the 1950s; most countries followed in the post-war decades.

Questions

What is the Estonia Retail Sales YoY?

The Estonia Retail Sales YoY measures the value or volume of goods sold by shops and online retailers in Estonia.

What was the latest Estonia Retail Sales YoY?

4.0% for SEP, published on 29 October 2026.

When is the next Estonia Retail Sales YoY?

On Friday 27 November 2026 at 06:00 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.