Sinterklaas to remain unaffected by crisis
Shopkeepers are expecting a 2 percent increase in sales from 2007 for the traditional Dutch holiday.10 November 2008
THE NETHERLANDS - Sinterklaas doesn't have to worry about the financial crisis.
The Dutch Retail Trade Council says shopkeepers are expecting a EUR 490 million increase in sales on 5 December this year. That is an increase of 2 percent over the same period in 2007.
The council says more families are celebrating the holiday and buying not just more presents but also more groceries. Toys remain the most popular gift purchase while books, DVDs, CDs and electronic goods are also popular.
[Radio Netherlands / Expatica]