The Dutch economy continues to grow strongly and economic growth is even accelerating, according to Statistics Netherlands. In the second quarter the Dutch economy grew by 0.7 percent compared to the first quarter of this year. The stats office attributes the accelerating growth to foreign trade and higher investments.
In March Dutch consumers spent 1.6 percent more than in the same month last year, according to Statistics Netherlands. Dutch especially spent more on clothing, shoes, home furnishings and services. This month consumer confidence is down 3 points to 23.
Services accounted for more than half of Dutch consumer spending in March. Spending on services increased by 1.9 percent compared to a year earlier. Housing rentals, public transit, restaurants, insurance and hairdressers, among others, fall under services.
This month consumer confidence in the Netherlands rose by one point to 14, reaching its highest level in 9.5 years, Statistics Netherlands announced on Monday. The slight rise can be attributed to more positive feelings about the economy and a slightly higher willingness to spend money, according to the statistics office.
At 14 points the consumer confidence level is well above the average -8 of the past 20 years. Consumer confidence reached its highest level in April 2000 when it stood at 27 points. Its low point was -44 in February 2013.
The Dutch economy grew by 0.7 percent in the third quarter compared to the second quarter and by 2.4 percent compared to the third quarter in 2015, according to the initial figures by Statistics entherlands. This is the 10th quarter in a row that the Dutch economy showed growth.
Statistics Netherlands mainly attributes the growth to exports and household consumption. Consumers spent more on electronics, restaurants and other forms of entertainment. More foreign tourists also visited the Netherlands.
The mood among Dutch consumers improved again in October, climbing to the highest level of consumer confidence in nine years, according to Statistics Netherlands. Consumer confidences increased by four points to 12 in October.
In the second quarter of this year the Dutch economy grew by 0.6 percent compared to the previous quarter, continuing its steady growth for nine quarters in a row, Statistics Netherlands announced on Friday in its first calculations.
Young consumers in the Netherlands are growing more and more positive about the state of the Dutch economy after the financial crisis in 2008, according to Statistics Netherlands. Elderly consumers, on the other hand, are growing more pessimistic.
The Dutch economy continued its steady growth for the 8th quarter in a row. In the first quarter of 2016 the economy grew 0.5 percent compared to the previous quarter and 1.4 percent compared to the first quarter of last year, according to Statistics Netherlands' preliminary calculations.
A decrease in the unemployment rate in the last quarter of 2015 led to slightly higher spending in November. Consumer confidence dropped by 2 points in January, according to figures released by Statistics Netherlands on Thursday.
Research office NBTC-NIPO thinks that Dutch people will go on vacation more often and spend more money on holiday this year. After several years of slight decrease and stabilization last year, the total number of holidays is expected to rise this year by around 2 percent
In December almost all key indicators on the state of the Dutch economy are positive and most of the indicators on CBS Business Cycle Tracer are doing better than their long-term trend, Statistics Netherlands announced on Wednesday. The economic outlook is somewhat better than last month.
Despite the still high unemployment rate and number of people on welfare benefits, the economic outlook in the Netherlands is somewhat brighter in November than a month ago. Almost all key signals for the state of the Dutch economy are on green this month.
The mood among consumers improved significantly in October. Consumer confidence rose by three points compared to September and amounted to 8 - the highest level its been in more than 8 years. The increased confidence can be seen in willingness to buy. Consumers spent 1.4 percent more in August than in the same month last year.
A wide range of economic indicators suggest that the Dutch economy is doing better than long-term forecasting predicted, according to Statistics Netherlands (CBS). The data also shows that the economic situation in September 2015 outperformed the economy in August.
Consumer confidence in the Netherlands has been positive for seven months in a row. It took a slight dip to 5 in September, compared to 6 in August, but is still well above the -8 average for the last 20 years.
The economic situation in the Netherlands looked slightly better in August 2015 than in July, according to Statistics Netherlands' Business Cycle Tracer. Almost all indicators on the Tracer performed better in August than their long-term trends.
Unemployment dropped to 6.8 percent of the working population in July, compared to 7.3 percent in the same month last year. Consumer confidence increased by 2 points in August and is up to 6. And consumers spent 2.2 percent more in June this year than in the same month in 2014.
The mood among consumers improved significantly in June compared to the previous month. Consumer confidence rose by four percentage points and is now at six percent, reports Statistics Netherlands (CBS). This is the highest level seen in the Netherlands since 2007.
Consumers spent 1.9 percent more on goods and services in March than a year earlier, according to figures from Statistics Netherlands (CBS). In general, they spent more on gas, household appliances and home furnishings.
The Dutch economy is expected to grow by 2 percent this year, ABN Amro writes in its annual Vision on Sectors. This growth will put a number of sectors at their highest level in years.
Shoppers in the Netherlands spent 2.4 percent more on consumption goods this February than a year before, marking the largest increase in four years, reports Statistics Netherlands (CBS). Consumers particularly spent more on natural gas, clothing and home furnishing.
Recovery of the Dutch economy is gaining strength and could lead to two percent growth in 2015, the ING bank economic bureau reports. This would be the highest level of growth since 2008, driven mainly by an increase in consumer and business spending, and a decline in the oil prices.
The number of bankruptcies in the Netherlands decreased by 19 percent in the first quarter of this year. Freelancers in particular are doing well.
Consumer confidence in the Netherlands is positive for the first time since 2007, reports Statistics Netherlands (CBS). The percentage difference between positive and negative responses is at 2 percent, as opposed to -7% in February.