Monday, March 16, 2015

CBS: Dutch retail recovers more slowly than neighboring countries – Focus on News

CBS: Dutch retail recovers more slowly than neighboring countries – Focus on News

Netherlands lies with volume growth of 1.0 percent below the average of EU; volume growth in the EU was nearly 2 percent. In only eight of the 28 other EU countries, the development was less than in the Netherlands. In five countries, the volume even shrank. In neighboring Belgium and Germany saw shopkeepers respectively 1.1 and 1.7 percent growth a little more. Luxembourg and many Eastern European countries showed a steeper groei.Dit reports CBS Monday.



Dutch retail recovers more slowly than neighboring countries

The Dutch retail performs all since the credit crisis of 2008, less than retailers in neighboring countries, while in the years before the crisis grew stronger. In Belgium, the sales volume continued to increase steadily, even in the crisis years. And also showed German retail after 2009 already predominantly growth. In the Netherlands, however, there was five years shrunk and in 2014 a modest volume growth of 1 percent was achieved.

The decline in retail sales coincides with the decline in household consumption in the Netherlands between 2009 and 2014. While in Belgium and Germany consumption generally continued to grow during this period, in the Netherlands decreased consumption considerably. Dutch saw four consecutive years (2010-2013) decrease their purchasing power. The developments were playing tricks on the Dutch housing consumption. In 2014, consumption was almost 5 percent less than in 2008. In Belgium and Germany was about 5.5 percent more consumed.



Buy Dutch non-food stores hit hard

In particular, our non-food sector is left behind in comparison with the rest of Europe. For example, sales at clothing stores, consumer electronics stores and toy stores fell after 2008 far back. Also stores focused on designing and dress up housing generated much less revenue. While there in 2014 for the first time was there five years of increasing sales in the Dutch non-food stores, the level was still well below that of 2005. In the Belgian and German colleagues was there since 2005 actually shows a predominantly upward trend in the non-food sector.

Food sector remained reasonably stable

The sales of Dutch shops selling food, beverages and tobacco increased in 2014 by 1.2 percent. That is more than the European average for the sector of 0.6 percent. Unlike the non-food stores, sales in the food sector compared to 2005 increased slightly. After the credit crisis of 2008, sales have remained relatively stable, while in neighboring countries the volume just was smaller than in 2005.

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