FX.co ★ Estonia’s Retail Sales Growth Accelerates to 2.8% in July, Extending Summer Momentum

Retail activity in Estonia strengthened in July 2026, with month-on-month sales rising by 2.80%, up from a 1.90% increase recorded in June 2026. The latest figures, updated on 27 August 2026, indicate a pick-up in consumer spending as the summer period progressed.

The data are measured on a month-over-month basis, comparing each month’s performance with the previous one. The “actual” July reading of 2.80% reflects a faster pace of growth than in June, when sales expanded by 1.90% compared with May. This acceleration suggests that retail demand continued to build through mid‑summer, adding a modest tailwind to Estonia’s short-term economic outlook.