consumer spending

Dutch economic growth best in decade says Central Bank; Wages still too low

Jun 12 '17 16:55

The Dutch economy will grow by 2.5 percent this year - the highest growth in a decade, Dutch central bank DNB expects. The economy is doing better in all aspects, but wages are still lagging behind, the bank said in its latest estimate on Monday, NOS reports.

DNB's expectations are rosier than the central planning office CPB's estimates in March. The CPB then predicted economic growth of 2.1 percent. The office is releasing its latest estimates on Wednesday. The Dutch government uses CPB estimates to make its policy.

Dutch consumers spend more; confidence down

May 19 '17 11:00

Business

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.

Dutch consumer confidence at highest level in 9.5 years

Feb 20 '17 10:45

Business

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.

Dutch economy shows strongest growth since 2007

Feb 14 '17 12:10

Business Top Stories

The Dutch economy grew by 2.1 percent in 2016, the strongest growth since 2007, according to preliminary figures Statistics Netherlands released on Tuesday. The economy of the Netherlands has shown steady growth for 11 quarters in a row, ANP reports.

In the fourth quarter of 2016 the economy grew by 0.5 percent. Compared to the fourth quarter of 2015, the growth was 2.3 percent.

Consumer confidence climbs to 9 year high

Oct 20 '16 08:28

Business

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.

Drop in unemployment leads to more spending, but confidence falls

Jan 21 '16 10:33

Business

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.

Most Netherlands economic indicators positive; consumer confidence falls

Dec 30 '15 10:06

Business

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.

Netherlands: Economic outlook brighter despite high unemployment, welfare

Nov 30 '15 11:11

Business

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.

Consumer confidence above pre-crisis level; spending up on warmer summer

Oct 20 '15 11:59

Business

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.

Netherlands consumer spending up over 2014 figures

Sep 18 '15 11:12

Business

Consumer spending in the Netherlands was up 1.3 percent in July compared to the same month last year. Like in the previous months, consumers especially spent more on home furnishings and household appliances.

Unemployment drops to 6.8 pct.; consumers upbeat & spending

Aug 20 '15 13:52

Business

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.

Consumer confidence, spending on the rise

May 22 '15 16:46

Business

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.

Consumer confidence remains stable; spending levels barely rise

Feb 20 '15 16:15

Consumer confidence has barely changed between January and February 2015, despite December 2014 yielding about a 0.5 percent increase on goods and services spending from the same month the previous year, reported Statistics Netherlands (CBS) reported on Friday.

Dutch spending on the rise

Oct 21 '14 13:07

Business

According to Statistics Netherlands, consumers spent 1.5 percent more on goods and services in August than in the same month last year.

Consumer confidence down on Russia troubles

Aug 20 '14 13:30

Dutch consumers are a lot less positive about the future of economic development. According to the Central Bureau for Statistics (CBS), the Consumer Confidence indicator dropped four points to minus six in August. The CBS says that the tense international political situation could be the cause.

Consumer Spending Drops

Aug 23 '13 07:33

Business

Household spending on goods and services declined 2.4 percent in June this year from the same period last year, according to the latest CBS - Statistics Netherlands report.

Dutch Economy Amongst Worse in Europe

May 3 '13 15:11

With an economy that is shrinking even more than expected the Netherlands is doing worse than 21 other countries of the European Union. Only the economies of Cyprus, Greece, Spain, Italy and Portugal are shrinking more than the Netherlands. The economies of 17 other countries are growing.

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