Retail

Dutch retail turnover records 4% YoY turnover growth in Dec 2023

02 Feb '24

1 min read

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The Dutch retail sector saw a 4.2-per cent YoY turnover growth in December 2023 and achieved almost 6 per cent growth last year.
Shops selling apparel, footwear and leather products saw YoY turnover growth in the month.
However, shops selling furniture and home furnishings recorded a drop.
Online retail turnover decreased by 1.2 per cent YoY in the month.

The Dutch retail sector recorded a 4.2-per cent year-on-year (YoY) turnover growth in December last year, according to Statistics Netherlands (CBS). Sales volume was up by 1.7 per cent in the month. The sector achieved almost 6 per cent turnover growth last year.

Turnover in the non-food sector rose by 2.6 per cent YoY in the month. Sales volume (turnover adjusted for price changes) was up by 1.2 per cent YoY.

Retail turnover data have been adjusted for the shopping-day pattern in December, as these may vary from one day to the next. If the shopping-day pattern is not taken into account, retail turnover in December last year was 1.9 per cent higher YoY.

Shops selling apparel, footwear and leather products saw YoY turnover growth in December. However, shops selling furniture and home furnishings recorded a drop, a CBS release said.

Online retail turnover decreased by 1.2 per cent YoY in the month. Web shops recorded a turnover increase of 1.3 per cent. However, multi-channel retailers recorded 4.6 per cent lower turnover in online sales.

Online turnover of clothing and fashion items was lower in December.

Retail turnover in the Netherlands, adjusted for shopping days, was 5.6 per cent higher YoY last year.

Fibre2Fashion News Desk (DS)

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