Published at: 2016-03-14 06:39 | Author: CIJ Netherland
Following a GDP growth rate of 0.1% in Q3, the Dutch economy continued its steady growth in Q4. In October, retail sales grew by 2.3% year-on-year, which is partly due to a more favorable shopping-day pattern.
While the non-food retail sector recorded 1.6% turnover growth, turnover generated by the food sector was up by nearly 4%, with a 4.6% growth generated in specialist shops: the highest increase in more than 9 years.
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