Retail sales in the Netherlands increased 2.6 percent year-on-year in November 2019, following an upwardly revised 4.0 percent growth in the previous month. This was the smallest advance in retail sales since April, as sales rose softer for non-food (1.5 percent vs 4.0 percent in October), in particular for furniture and household articles (4.4 percent vs 8.1 percent). In addition, there were declines in sales of shoes & leather goods (-3.7 percent vs 0.4 percent), clothing (-1.7 percent vs 0.5 percent), consumer electronics (-4.8 percent vs 4.6 percent), recreational goods (-5.8 percent vs -3.3 percent). Also, sales of food increased 1.5 percent, slower than 2.0 percent in October.
Retail Sales YoY in Netherlands averaged 1.29 percent from 2005 until 2019, reaching an all time high of 9.30 percent in May of 2006 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. source: Statistics Netherlands
Retail Sales YoY in Netherlands is expected to be 2.00 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 2.20 in 12 months time. In the long-term, the Netherlands Retail Sales YoY is projected to trend around 2.50 percent in 2020, according to our econometric models.