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Financial News: Dutch Retail Sales Growth Slows For Second Month

Dutch Retail Sales Growth Slows For Second Month

02/13/2017 - 01:24:00 (RTTNews)

(RTTNews) - Dutch retail sales growth eased for the second straight month in December, figures from the Central Bureau of Statistics showed Monday.

Retail trade turnover rose 2.7 percent year-over-year in December, much slower than the 4.6 percent climb in November. It was the eighth successive monthly gain.

Retail sales volume grew 1.1 percent in December from a year ago.

Sales of food products went up 2.4 percent annually in December and those of non-food products increased by 0.5 percent.

For the whole year 2016, total retail sales advanced 1.9 percent compared to a 1.4 percent rise in 2015. Moreover, this was the highest sales growth in eight years.

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