Estonia Retail Sales

This in Bloomberg this morning:

Estonian retail sales growth accelerated in May from April, led by textiles and clothing stores.

Sales increased an annual 16 percent from a revised 15 percent in April, the Tallinn-based statistics office said in an e-mailed statement. Including the data on cars and gas stations, the increase was the slowest in 13 months.

Unemployment at a 15-year low and a 20 percent increase in wages during the first quarter helped boost private consumption 18 percent in the same period, the biggest increase in 14 years. Consumer spending is stoking inflation, which stood at 5.7 percent in May and forced the government last month to postpone its target for meeting euro-adoption criteria to 2011.