Dutch Consumer Spending Falls Again In September

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Thursday, the Netherlands' Central Bureau of Statistics said the household spending dropped 3.4% year-on-year in September, but slower than a 3.8% fall in the previous month. This is the ninth consecutive month of decline in consumer spending.

Consumer expenditure on goods dropped 5.4%, while that on services fell 1.6%. Spending on durable consumer goods slipped 4.9%, and spending on food, beverages and tobacco was down 1.1%.

(Market News Provided by RTTNews)