Retail sales in the Netherlands increased 0.4 percent year-on-year in June 2022, slowing from an upwardly revised 1.6 percent rise in the previous month. It was the 16th straight month of increase in retail sales, but the weakest growth since September 2016, due to softer rises in sales of non-food, amid a decline in sales of food. Sales of food and tobacco climbed by 0.4 percent, easing from a 1.6 percent rise the prior month. In addition, sales of non-food dropped (-3.0 percent vs 2.7 percent in May), namely furniture, home furnishing (-7.7 percent vs -7.5 percent); recreational goods (-6.1 percent vs 1 percent), shoes and leather products (-5.1 percent vs 12.1 percent), clothing (-3.4 percent vs 16.0 percent), and it yourself kitchen floors (-6.0% vs -6.6%). source: Statistics Netherlands
Retail Sales YoY in Netherlands averaged 1.93 percent from 2005 until 2022, reaching an all time high of 18.10 percent in January of 2022 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 2022.
Retail Sales YoY in Netherlands is expected to be 5.30 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 3.20 percent in 2023 and 2.70 percent in 2024, according to our econometric models.