Retail

Dutch retail turnover 5.3% higher YoY in Apr 2023

09 Jun '23

1 min read

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Insights

The retail sector in the Netherlands recorded 5.3 per cent year-on-year (YoY) turnover growth in April, while the volume of sales dropped by 4.8 per cent.
Online retail turnover rose by 3.2 per cent YoY.
Shops selling furniture and home furnishings saw YoY turnover growth, while those selling clothes, footwear and leather products recorded a decrease.

The Dutch retail sector recorded 5.3 per cent year-on-year (YoY) turnover growth in April this year, according to Statistics Netherlands (CBS). The volume of sales decreased by 4.8 per cent. Turnover was up by 2 per cent YoY in the non-food sector, while online retail turnover increased by 3.2 per cent YoY.

If the shopping-day pattern is not taken into account, retail turnover in April was 2.7 per cent higher YoY.

The volume of sales (turnover adjusted for price changes) decreased by 6.1 per cent compared to the same month last year.

Shops selling furniture and home furnishings saw YoY turnover growth in the month, while those selling clothes, footwear and leather products recorded a decrease, CBS said in a release.

Web shops recorded a turnover increase of 4.8 per cent in April. Multi-channel retailers achieved 1.3 per cent higher turnover in online sales.

Fibre2Fashion News Desk (DS)

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