Retail turnover 4.5 percent up in July

© Hollandse Hoogte / Berlinda van Dam
Statistics Netherlands (CBS) reports that the Dutch retail sector achieved 4.5 percent turnover growth in July relative to July 2016. The volume of sales increased by almost 4 percent. Turnover results improved in the food as well as the non-food sector. Furthermore, online sales increased by over 21 percent.

Retail turnover data have been adjusted for changes in the shopping-day pattern. Retail sales tend to vary from one day to the next. If the shopping-day pattern is not taken into account, July’s retail turnover was nearly 3 percent higher than in the same month last year.

Turnover growth non-food sector over 4 percent

Turnover in the non-food sector rose by more than 4 percent in July. Sales (turnover adjusted for price changes) were nearly 5 percent up on a yearly basis. Both turnover and sales in the non-food sector have been growing for seven months in a row.

Shops selling DIY products, kitchens and floor coverings, furniture and household articles saw a substantial increase of their turnover. Turnover generated by shops selling consumer electronics increased for the first time since February 2017.

Turnover generated by shops selling recreational goods and personal care products was also up. However shops selling clothing, footwear and leather products reported turnover loss.

Over 3 percent turnover growth for food sector

Food, beverages and tobacco shops generated a turnover growth of over 3 percent in July. The volume of sales increased by 1 percent compared to July 2016. Turnover realised by supermarkets increased by almost 4 percent, while specialist shops recorded a turnover growth rate of more than 1 percent compared to the same month last year. The volume of sales by supermarkets increased by over 1 percent and sales decreased by 1.5 percent for specialist shops.

Online shops realise over 21 percent turnover growth

Online shops saw their turnover grow by over 21 percent in July. Web shops recorded a turnover growth of over 20 percent; their core activity is selling goods and services over the internet. Multi-channelers (retailers selling goods and services over the Internet and in the traditional manner) realised a turnover growth of more than 22 percent.

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