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Financial News: Dutch Retail Sales Growth Slows In March

Dutch Retail Sales Growth Slows In March

04/30/2020 - 07:23:00 (RTTNews)

(RTTNews) - Dutch retail sales grew at the softest pace in March, figures from the Central Bureau of Statistics showed on Thursday.

Retail sales rose 3.5 percent year-on-year in March, after a 5.0 percent increase in February. In January, retail sales grew 3.7 percent.

The measures against the spread of coronavirus disease had a large effect on the retail, the agency said.

Sales of non-food decreased 8.0 percent in March, while prices of food stores rose 12.2 percent.

Online sales gained 28.8 percent in March compared to the same month last year.

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