Retail sales in the Netherlands increased 10.2 percent year-on-year in August 2020, accelerating from a downwardly revised 9.5 percent gain in the previous month. This was the fourth straight month of increase in retail sales, amid the loosening of coronavirus-induced restriction measures. Food sales rose at a faster pace (7.6 percent vs 5.8 percent in July) while non-food sales continued to rise firmly (8.0 percent vs 9.6 percent). Within non-food categories, sales went up for furniture and household articles (11.1 percent vs 21.6 percent), DIY products, kitchens, flooring (15.4 percent vs 20.6 percent), recreational goods (7.8 percent vs 20.0 percent) and consumer electronics (11.1 percent vs 11.8 percent). Meanwhile, sales rebounded for both shoes and leather products (0.7 percent vs -1.9 percent) and personal care products (3.0 percent vs -0.7 percent). On the other hand, sales of clothing continued to fall (-0.5 percent vs -2.4 percent). source: Statistics Netherlands
Retail Sales YoY in Netherlands averaged 1.51 percent from 2005 until 2020, reaching an all time high of 10.40 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 October of 2020.
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 -4.30 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.