Sales grew, but mainly due to the high prices

S

Due to the high prices, sales in Dutch stores increased by almost 2 percent in August compared to a year earlier, statistics agency CBS reports.

That sales rose due to high inflation, is clear. Sales were down 6 percent in August, but retail sales were still up.

Especially at supermarkets and other grocery stores, more sales were made, although people also went to the checkout with a lighter basket here. Specialty stores, which were still fully benefiting from the closure of the hospitality industry during the corona crisis, saw sales decline.

Of the stores that do not sell food, drugstores did the best. They also converted more in August 2022 than in August 2021. Clothing stores, shoe stores, DIY chains and furniture stores convert less in August.

Online, many stores did a little worse than a year earlier. That revenue fell by 0.4 percent compared to August last year.


By: Leah Kunze

Leah Kunze just graduated MBA and is proud of it. She is interested in automotive industry and innovations. She well be glad to receive a mail to leah.kunze@economicinform.com

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

Categories

About us

EconomicInform, EconomicInform.com is a product of EconomicInform LLC. We sincerely believe that economics is one of the most interesting and most underappreciated – in terms of getting some enjoyment out of reading the subject articles – sciences. More on that - at the link. Feel free to drop us a line.