Retail turnover was 4.2% higher in October than in the same month of the previous year. CBS reports. This is mainly due to the price increase, as the sales volume decreased by 5.2% in the measurement period. Turnover in the food sector grew by 7.8 percent, that in the non-food sector by 1.7 percent. In addition, online revenue was 4.2% higher than the previous year.
In the so-called non-food companies, the average turnover grew by 1.7 percent. In terms of sales volumes, this is a decrease of 6.7%. Pharmacies, home improvement stores, recreational supply stores, and clothing stores all saw increased sales. Consumer electronics and appliance stores, footwear and furniture stores are down.
Revenue in grocery stores increased by almost 8% on average. Here, too, fewer products were purchased on average. Sales volume decreased by more than 3%. Turnover in supermarkets increased by 8.8%. Specialty stores saw their turnover increase by an average of 0.7%.
Statistics from the Netherlands also reported that online sales in stores increased by 4.2%. Stores that sell both physically and online in particular have seen strong growth in turnover. The turnover of these stores grew by 7.5%.
Source: BNR
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.
