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Netherlands' retail turnover grows 2.3% YoY in April

05 Jun '24
1 min read
Netherlands' retail turnover grows 2.3% YoY in April
Pic: Adobe Stock

Insights

  • Netherlands' retail sector recorded growth in turnover of 2.3 per cent YoY in April 2024.
  • Sales volume was increased by 2.3 per cent.
  • Clothes shops recorded a decrease in turnover in April.
  • The country's online retailers recorded an increase in turnover of 11.6 per cent.
  • Multi-channel retailers saw turnover in their online sales rise by 5.4 per cent.
Dutch retail sector recorded growth in turnover of 2.3 per cent year-on-year (YoY) in April 2024, according to Statistics Netherlands (CBS). Sales volume was also up by 2.3 per cent. Turnover in the non-food sector (including retail not in shops) increased by 3.8 per cent. Furthermore, online retail turnover increased by 8.8 per cent year on year.

In the non-food sector sales volume (turnover adjusted for price changes) was up by 4.9 per cent from one year previously, as per CBS.

Shops selling footwear and leather products saw year-on-year turnover growth in April. However, clothes shops and those selling home furnishings recorded a decrease in turnover.

Online retailers recorded an increase in turnover of 11.6 per cent. Multi-channel retailers saw turnover in their online sales rise by 5.4 per cent. Online turnover for other non-food products and for clothing and fashion items was higher in April 2024 than it was one year previously.

ALCHEMPro News Desk (DP)
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