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Financial News: Dutch Retail Sales Growth At 7-Month High

Dutch Retail Sales Growth At 7-Month High

01/15/2019 - 02:11:00 (RTTNews)

(RTTNews) - Dutch retail sales grew the most in seven months during November, mainly driven by non-food sales, figures from the Central Bureau of Statistics showed on Tuesday.

Retail sales rose a working-day adjusted 4.1 percent year-on-year following a 3.3 percent increase in October.

The pace of growth was the fastest since April, when sales rose 5.8 percent.

Food sales rose 2.5 percent and non-food sales increased 3.8 percent, largely led by increased demand for consumer electronics, shoes and leather goods.

Online sales surged nearly 20 percent in November.

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