Retail sales up 4 pct last year

Statistics Estonia said that its preliminary data showed that the retail sale of retail sale companies was nearly 3.9 billion euros, 4% higher in stable prices compared with 2010. Starting from February retail sale has been showing stable growth compared with last year, the statistical office said in its information.

In December the retail sale of retail sale companies totalled 389.1 million euros. Growth in retail sale was influenced the most by grocery stores where retail sale grew 7% compared with December 2010. Retail sale in stores of manufactured goods grew 6% compared with December, with sales increasing in most spheres of activity. Retail sale of motor fuel contracted 3% compared with December 2010.

Compared with November 2011, the sale of retail goods in retail trade companies grew one fifth in stable prices. This is a usual December rise when the year-end Christmas sales take place, Statistics Estonia said. On the basis of seasonally and working day based data the growth was 1%.

Source: Statistics Estonia

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