Retail turnover 0.9 percent down from same month last year
- Decline turnover and volume non-food sector less substantial in November
- Modest turnover growth for food, drinks and tobacco shops
The most recent figures released by Statistics Netherlands show that retail turnover was 0.9 percent down in November 2013 from November 2012. Retail prices were at the same level as one year ago. Retail volume shrank by 0.9 percent.
The shopping-day pattern in November 2013 was more favourable than in November 2012. The positive effect on total retail turnover is estimated at 0.5 percent. The average trend over the past 3 months provides a more reliable indication of turnover and volume developments. On average, retail turnover and volume were about 3 percent below the level of one year previously. In October, retail volume had shrunk by nearly 4 percent.
Turnover and volume realised in November by the non-food sector were respectively 1.3 and nearly 1 percent down. Nearly all retail branches in the non-food sector achieved better turnover results than in October. Only home furnishing shops recorded a higher negative turnover growth rate. Consumer electronics shops, household appliances shops and DIY shops still faced loss of turnover. Chemist shops, clothes shops and textile supermarkets generated a higher turnover than in November 2012.
Food, drinks and tobacco shops showed a turnover growth by nearly 1 percent. Prices were 1.5 percent higher, i.e. the smallest price increase in more than twelve months. Specialist shops and supermarkets realised a turnover growth by nearly 1 percent.
Mail-order firms and online shops accounted for a turnover growth by more than 7 percent compared to November 2012.