European Economic News

Dutch Retail Sales Growth Slows In June

Retail sales in the Netherlands increased at a slower pace in June, data released by the Central Bureau of Statistics showed Monday.

Retail sales turnover increased 1 percent on an annual basis in June, slower than the 1.6 percent growth seen in May.

Sales of food and beverages advanced 4 percent year-on-year, with sales at both supermarkets and specialty stores rising. Meanwhile, non-food stores recorded a modest decline in turnover during the month.

Sales at mail order companies and internet stores were higher by around 8 percent compared to June last year, the agency said.

In the second quarter, Dutch retail trade decreased around 2 percent from the corresponding period a year earlier.

by RTTNews Staff Writer

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