Estonian retail sales declined further in September 2026, with the indicator dropping 1.90% month-on-month, according to data updated on 29 October 2026. The fall marks a deterioration from August 2026, when retail sales were already down 1.40% compared with the previous month.
The figures highlight a consecutive monthly contraction in consumer activity, as the current reading reflects the change from September to August, while the previous figure shows the change from August to July. The acceleration in the pace of decline suggests growing pressure on domestic demand and may raise concerns about the resilience of household spending heading into the final quarter of the year. Investors and policymakers will be watching upcoming data closely for signs of stabilization or a further slowdown in Estonia’s retail sector.
