Retail

Dutch retail sector records 5.3% YoY turnover growth in Sept 2022

04 Nov '22

2 min read

Pic: Shutterstock

The Dutch retail sector recorded 5.3 per cent year-on-year (YoY) turnover growth in September this year, according to Statistics Netherlands (CBS), which recently reported that the volume of sales went down by 3.5 per cent. Turnover in the non-food sector was up by 4.7 per cent YoY. Furthermore, online retail turnover increased by 5.7 per cent.

Retail turnover data have been adjusted for the shopping-day pattern in September. Retail sales tend to vary from one day to the next. If the shopping-day pattern is not taken into account, retail turnover in September 2022 was 5.9 per cent higher than in the same month last year.

In September, the volume of sales (adjusted for price changes) in the non-food sector fell by 2.9 per cent YoY.

Shops selling footwear and leather products, clothes shops, shops selling personal care products, shops selling consumer electronics and white goods, shops selling DIY products, kitchens and flooring and those selling furniture and home furnishings saw turnover growth.

Online turnover was up by 5.7 per cent YoY during the month. Web shops recorded a turnover increase of 0.7 per cent. Multi-channel retailers achieved 12.2 per cent higher turnover in online sales during the month. Online turnover in all sub-sectors was higher in September compared to the same month last year.

Fibre2Fashion News Desk (DS)

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