The inflation rate in the Netherlands was 1.5 percent in October, i.e. 0.1 percentage points down from October. Dutch inflation reached the lowest level in more than three years.
Turnover generated by the Dutch retail sector was 5.9 percent down in September 2013 from September 2012. Prices of retail commodities were on average 1.4 percent higher. The volume of retail sales fell by 7.2 percent compared with one year previously.
The Dutch long-term interest rate based on the return of the most recent ten-year public loan averaged 2.1 percent in November 2013. The interest rate decreased for the second month running by 0.1 percentage points.
In September 2013, the volume of exports of goods was 0.5 percent down from September 2012. In the preceding three months, exports growth was about 2 percent. The volume of imports grew by 1.2 percent in September. In August, this volume shrank by 1.6 percent.
Selling prices of the Dutch manufacturing industry were 3.4 percent lower in October 2013 than in October 2012. Prices fell for the fourth consecutive month.
Manufacturers’ stocks of finished products were at approximately the same level in September 2013 as in September 2012. In the preceding three months, stocks of finished products declined relative to the same month last year.
Households spent 2.1 percent less on goods and services in September 2013 than in September 2012. Relative to the same month in the previous year, household spending has been in continuous decline for more than two years now.
Prices of existing owner-occupied dwellings were on average 4.0 percent lower in October 2013 than in October 2012. The price drop is slightly less substantial than in the preceding month.
Adjusted for seasonal variation, 674 thousand people in the Netherlands were unemployed in October 2013, a reduction by 11 thousand relative to September. In October, 8.5 percent in the Dutch labour force were unemployed.
The volume of private sector investments in tangible fixed assets was 2.9 percent down in September 2013 from September 2012. The decline was less substantial than in August, when private sector investments were 4.6 percent down from one year previously.
In October this year, 743 businesses and institutions (excluding one-man businesses) were declared bankrupt, i.e. 147 more than in September when the number of bankruptcies reached the lowest level so far in 2013.
The average daily output generated by Dutch manufacturing industry was 0.4 percent up in September 2013 from September 2012. For the first time this year, manufacturing output was above the level realised in the same period one year previously, but the growth is modest.