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Retail turnover data has been adjusted for the shopping-day pattern in November. Retail sales tend to vary from one day to the next. If the shopping-day pattern is not taken into account, retail turnover in November 2022 was 6.3 per cent higher than in the same month last year, according to a report by CBS, Netherlands’ national statistical office.
Netherlands’ retail sector has recorded 5.5 per cent year-on-year (YoY) turnover growth for November 2022, as per Statistics Netherlands (CBS). The volume of sales, however, went down by 4.0 per cent. Furthermore, online retail turnover increased by 3.8 per cent. Retail turnover in November 2022 was 6.3 per cent higher than in the same month last year.
In November, turnover in the non-food sector was up by 4.7 per cent YoY. The volume of sales (adjusted for price changes) fell by 3.0 per cent compared to the same month last year. Shops selling clothes, footwear, leather, among other items saw turnover growth. The turnover of clothes shops rose by 0.2 per cent YoY in October 2022 and 13.1 per cent YoY in November 2022.
In November, online turnover was up by 3.8 per cent YoY. Web shops recorded a turnover decrease of 0.6 per cent; their core activity is selling goods and services over the internet. Multi-channel retailers (retailers selling goods and services over the internet as a side activity) achieved 9.6 per cent higher turnover in online sales. Online turnover of clothing and fashion items and other products was higher in November 2022 compared to November 2021.
Fibre2Fashion News Desk (NB)
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