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Financial News: Dutch Retail Sales Growth Slows In November

Dutch Retail Sales Growth Slows In November

12/31/2021 - 05:17:00 (RTTNews)

(RTTNews) - The Netherlands' retail sales grew at a slower, yet robust, pace in November, preliminary data from the Central Bureau of Statistics showed Friday. Retail sales grew 5.2 percent year-on-year following a 6.7 percent increase in October. Sales volume grew 2.6 percent annually. On a shopping-day adjusted basis, retail sales rose 6.9 percent annually in November.

Sales in the non-food sector grew 7.4 percent following a 12.8 percent increase in October. The turnover of the food sector was unchanged after a 1.7 percent fall in the previous month. Online sales climbed 5.2 percent from a year ago after a 3.6 percent increase in October.

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