FX.co ★ Estonian Retail Sales Surge by 15.00% in April 2024, Rebounding Strongly

According to the latest data released on April 30, 2024, Estonian retail sales saw a significant turnaround in April. The previous indicator had shown a decline of -4.20%, but the current indicator surged by 15.00% on a month-over-month basis. This substantial increase reflects a strong rebound in consumer spending and economic activity within the country.

The positive growth in retail sales indicates an encouraging sign for the Estonian economy, suggesting increased consumer confidence and purchasing power. The comparison of the change in retail sales from the previous month to April highlights a notable recovery in consumer demand. As Estonia continues to navigate through economic challenges, the uptick in retail sales demonstrates resilience and potential for future growth in the country's retail sector.