Forex News

Retail sales growth in the Netherlands reached a 7-month high

Retail sales in the Netherlands increased the most in seven months during November, mainly due to non-food sales, as evidenced by data from the Central Bureau of Statistics, published on Tuesday.
Retail sales rose 4.1 percent over the same period last year, after rising 3.3 percent in October.
Growth rates were the fastest since April, when sales increased by 5.8 percent.
Food sales increased by 2.5 percent, while sales of non-food items increased by 3.8 percent, mainly due to increased demand for consumer electronics, footwear and leather goods.
Sales of goods via the Internet increased by almost 20 percent in November.