Estonia’s Retail Slump Eases in February as Sales Decline Moderates

Estonia’s retail sector showed signs of stabilization in February 2026, as the pace of decline in sales slowed sharply compared with the previous month. Month-over-month retail sales fell 5.80% in February, a notable improvement from the steep 13.60% drop recorded in January 2026.

The data, updated on 30 March 2026, indicate that while consumer activity remains under pressure, the worst of the recent contraction may be easing. The February figure is measured against January, whereas January’s reading reflected the change from December, highlighting a trend toward a less severe monthly downturn in retail trade.

For analysts and investors tracking Estonia’s domestic demand, the moderation in the rate of decline could suggest that the sector is beginning to find a floor, even though overall momentum remains negative on a month-over-month basis.