Retail sales in the Netherlands increased 5.1 percent year-on-year in December 2019, following an upwardly revised 2.8 percent growth in the previous month. This was the largest advance in retail sales since April 2018, as sales rose faster for non-food (5.5 percent vs 1.7 percent in November), in particular for furniture and household articles (6.4 percent vs 4.4 percent). In addition, there were rebounds sharply in sales of shoes & leather goods (0.8 percent vs -3.7 percent), clothing (5.4 percent vs -1.7 percent), consumer electronics (6.9 percent vs -4.5 percent). Also, sales of recreational goods fell less (-3.9 percent vs -6.0 percent). Meantime, sales of food went up 0.9 percent, slower than 1.4 percent in November. For 2019 full year, retail sales grew 3.4 percent from a year earlier, the same pace as in 2018.
Retail Sales YoY in Netherlands averaged 1.31 percent from 2005 until 2019, reaching an all time high of 9.30 percent in May of 2006 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. source: Statistics Netherlands
Retail Sales YoY in Netherlands is expected to be 2.00 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 2.20 in 12 months time. In the long-term, the Netherlands Retail Sales YoY is projected to trend around 2.20 percent in 2021 and 2.50 percent in 2022, according to our econometric models.