Retail sales in the Netherlands dropped 2.8 percent year-on-year in February 2021, following an upwardly revised 6.0 percent fall in the previous month. It was the third straight month of decline, amid stricter lockdown measures to contain the spread of the coronavirus. Sales of shoes and leather products, and clothing fell by 43.4 percent and 53.4 percent, respectively. The shops selling recreational goods, consumer electronic, and furniture and home furnishing also suffered a loss of turnover. By contrast, sales of personal care products grew by 2.4 percent. Meanwhile, the shops selling food, beverages and tobacco were up 8.7 percent. source: Statistics Netherlands
Retail Sales YoY in Netherlands averaged 1.53 percent from 2005 until 2021, reaching an all time high of 10.40 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 April of 2021.
Retail Sales YoY in Netherlands is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Netherlands to stand at 6.20 in 12 months time. In the long-term, the Netherlands Retail Sales YoY is projected to trend around 2.70 percent in 2022, according to our econometric models.