Dutch Oct. Retail Sales Decrease At Slower Pace

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Tuesday, the Netherlands Central Bureau of Statistics announced that the retail sales dropped 4.3% year-on-year in October, slower than the 5.2% decline in September, revised from 5.4% fall estimated initially. Economists were looking for a decline of 4%.

In October, total retail sales volume fell 4.3% on annual basis, after falling a revised 4.3% in September. Food and beverage stores sales slipped 0.2%, in contrast to a revised 0.9% growth in the previous month.

Tuesday, the Netherlands Central Bureau of Statistics announced that the retail sales dropped 4.3% year-on-year in October, slower than the 5.2% decline in September, revised from 5.4% fall estimated initially. Economists were looking for a decline of 4%. (Market News Provided by RTTNews)