Retail sales in the Netherlands surged 9.8 percent year-on-year in June 2020, accelerating from an upwardly revised 8.7 percent rise in the previous month. It was the strongest growth in retail sales since the series began in January 2005, amid the loosening restriction measures. Non-food sales went up faster (8.5 percent vs 1.3 percent in May) while food sales continued to increase (6.5 percent vs 10.2 percent). Within non-food categories, sales rose faster for furniture and household articles (25.2 percent vs 8.3 percent), recreation goods (18.6 percent vs 17.6 percent), electronics (21.7 percent vs 13.9 percent), while that of do-it-yourself articles increased further (24.1 percent vs 29.6 percent). In addition, sales dropped much less for clothing (-6.9 percent vs -23.7 percent), shoes & leather goods (-10.5 percent vs -19.8 percent).
Retail Sales YoY in Netherlands averaged 1.41 percent from 2005 until 2020, reaching an all time high of 9.80 percent in June of 2020 and a record low of -6.40 percent in August of 2009. This page provides the latest reported value for - Netherlands Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Netherlands Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Statistics Netherlands
Retail Sales YoY in Netherlands is expected to be -3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Netherlands to stand at 4.50 in 12 months time. In the long-term, the Netherlands Retail Sales YoY is projected to trend around 6.20 percent in 2021 and 2.70 percent in 2022, according to our econometric models.