Retail sales in the Netherlands grew 5.2 percent year-on-year in November 2021, slowing from an upwardly revised 6.7 percent gain in the previous month, amid imposing partial lockdown restrictions to contain the spread of the Omicron variant. Sales of clothing and shoes and leather products rose by 26.6 percent (vs 46.1 percent in October) and 26.8 percent (vs 33.9 percent), respectively. The shops selling personal care products, and DIY products, kitchens, the flooring was also higher in turnover. Also, sales of recreational goods increased by 8.3 percent, easing from a 10.3 percent growth a month earlier. In addition, sales of electronics dropped more (-10.6 percent vs -6.2 percent in October). At the same time, sales of food and tobacco stalled, after a 1.7 percent fall in the prior month. source: Statistics Netherlands
Retail Sales YoY in Netherlands averaged 1.71 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 January of 2022.
Retail Sales YoY in Netherlands is expected to be 6.00 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.