Retail sales in the Netherlands grew 0.7 percent year-on-year in May 2022, easing sharply from an upwardly revised 8.2 percent rise in the previous month. It was the 17th straight month of increase in retail sales, but weakest growth since June 2014, as sales of both food and non-food rose softer. Sales of non-food increased much less (2.7 percent vs 21.3 percent in April), namely furniture, home furnishing (7.7 percent vs 9.6 percent); recreational goods (3 percent vs 18.8 percent), shoes and leather products (14.2 percent vs 56.6 percent), clothing (15.7 percent vs 59.7 percent), while those of it yourself kitchen floors fell (-6.5% vs 4.4%). Meanwhile, sales of food and tobacco climbed by 1.3 percent, after a 1.4 percent rise the prior month. source: Statistics Netherlands
Retail Sales YoY in Netherlands averaged 1.94 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 July of 2022.
Retail Sales YoY in Netherlands is expected to be 4.50 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 3.20 percent in 2023 and 2.70 percent in 2024, according to our econometric models.