FX.co ★ Dutch Retail Sales Growth Cools to 2.5% in August, Easing From July’s 3.2%

Retail sales growth in the Netherlands slowed in August 2026, with the year-over-year increase easing to 2.5%, down from a revised 3.2% in July 2026. The latest figures, updated on 1 October 2026, confirm a moderation in consumer spending momentum as the summer progressed.

Both the current and previous readings are calculated on a year-over-year basis, comparing each month’s performance with the same month a year earlier. While retail activity continues to expand, the weaker pace in August suggests Dutch consumers may be becoming more cautious after a stronger July, potentially reflecting shifting household budgets or changing seasonal patterns.

The deceleration from July’s 3.2% to August’s 2.5% keeps retail sales in positive territory but points to a softer growth trajectory as the third quarter advances. Market participants and policymakers will be watching upcoming releases to see whether this slowdown is temporary or the start of a more sustained cooling in consumer demand.