Retail sales in the Netherlands increased 6.6 percent year-on-year in October 2021, accelerating from an upwardly revised 4.1 percent growth in the previous month. It was the eighth straight month of increase in retail trade and the strongest pace since May, amid a further recovery in consumption as COVID-19 restrictions eased and vaccination levels accelerated. Sales of clothing and shoes and leather products surged by 46.6 percent and 34.9 percent, respectively. The shops selling personal care products, and DIY products, kitchens, the flooring was also higher in turnover. In addition, sales of recreational goods grew by 9.8 percent, after a 4.3 percent rise a month earlier. By contrast, sales of electronics (-5.9 percent vs 2.5 percent in September). At the same time, sales of food and tobacco fell by 1.8 percent, following a 0.3 percent drop in the prior month. source: Statistics Netherlands
Retail Sales YoY in Netherlands averaged 1.70 percent from 2005 until 2021, reaching an all time high of 10.20 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 December of 2021.
Retail Sales YoY in Netherlands is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands Retail Sales YoY is projected to trend around 3.80 percent in 2022 and 2.70 percent in 2023, according to our econometric models.