Retail turnover was 5.5% higher in November than the same period last year. But we actually bought 4% less stuff. The higher turnover is therefore mainly due to higher prices, according to Statistics Netherlands.
The largest increase was recorded in clothing stores. They saw 13% more money coming in. This was as high as 18% for online clothing stores.
Supermarket turnover also increased by 9.5%. Revenue in specialty stores decreased by 0.6% in November.
A decline in retail sales was seen in electronics and home furnishings stores. More than 1% less money was made there than a year earlier.
The last time retail turnover decreased from a year earlier was in early 2021, when many shops remained closed due to the coronavirus measures.
:focal(2970x1988.5:2980x1978.5):watermark(cloudfront-eu-central-1.images.arcpublishing.com/ipmgroup/LJZLRESWDZHNJN6FV5EQWOQFNI.png,0,-0,0,100)/cloudfront-eu-central-1.images.arcpublishing.com/ipmgroup/R4PRDBD7LBERTAOHVN7NNLUOIE.jpg "New York Stock Exchange: ‘It’s a terrible year’")
