More bankruptcies

09/11/2010 15:00

In October 2010, 535 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt. The number of bankruptcies is considerably higher than in September, when 458 business and institutions went bankrupt.

As the number of businesses declared bankrupt in a particular month is closely related to the number of days courts are in session, it may vary considerably from month to month. Therefore, the three-monthly moving average is a more reliable indicator.

The three-monthly moving average stood at 500 in October, i.e. nearly 10 higher than in September.

Bankruptcies of businesses and institutions (excluding one-man businesses)

Bankruptcies of businesses and institutions (excluding one-man businesses)

More figures can be found in dossier Business cycle.