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Dutch consumers much more sombre about the future
The mood among Dutch consumers has deteriorated in April 2010. The consumer confidence indicator stands at -15, against -12 in March. Consumers were clearly more pessimistic about the future.
Household consumption down
Household spending on goods and services was 1.1 percent lower in February 2010 than in February 2009. In January, household spending was 0.7 percent down on one year previously. Households have been...
Interest rate unchanged
The Dutch long-term interest rate, based on the return of the most recent ten-year government loan, averaged 3.4 percent in March 2010, the same rate as in February.
Dutch inflation slightly up
In March 2010, Dutch inflation was 1.0 percent, i.e. 0.2 percentage points up on February.
Overall picture retail trade remains negative
The retail turnover was 4.0 percent lower in February 2010 than in the same month last year.
Retail turnover down again
In February, Dutch retailers faced a 4 percent loss of turnover relative to February 2009. Retail prices were more than 1 percent higher than one year previously. As a result, retail volume shrank by...
Marginal increase bankruptcies
In March this year, 640 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt, i.e. an increase by more than 70 compared to the preceding month.
Terms of trade again worse than one year previously
Compared to one year previously, Dutch terms of trade of imported and exported goods deteriorated in February 2010. However, the deterioration was less substantial than in the four preceding months.
Further recovery for exports
In February, the volume of goods exports was more than 11 percent up on twelve months previously versus 8 percent in January, but it should be taken into account that the substantial downturn in...
Increase manufacturing output
The average daily output of Dutch manufacturing industry was 4 percent up in February 2010 on February 2009. In January, output was 5 percent above the level of January 2009
High petrol price has upward effect on inflation
The Dutch inflation rate in March 2010 was 1.0 percent, i.e. 0.2 percentage points higher than in February.
Dutch inflation slightly up
In March, Dutch inflation was 1.0 percent, i.e. 0.2 percentage points up on February.
Half of capital loss households regained, plummeting profits private sector
The capital owned by Dutch households has grown by 136 billion euro in 2009, the most substantial increase ever recorded in the span of one year. This means that 57 percent of the capital that...
Interest rate unchanged
The Dutch long-term interest rate, based on the return of the most recent ten-year government loan, averaged 3.4 percent in March, the same rate as in February.
Factory gate prices further up
In February, factory gate prices in Dutch manufacturing were over 6 percent up on February 2009. In January, prices of manufactured products were nearly 5 percent higher than twelve months previously.
Good start for exports in 2010
The volume of goods exports was nearly 10 percent larger in January than twelve months previously. In December, the volume of exports was only 2 percent up. It should be taken into account that the...
Manufacturers less gloomy
In March 2010, the mood among Dutch manufacturers was less pessimistic than in February 2010. The producer confidence index rose from -5.0 to -3.1. This improvement was caused by the fact that...
Manufacturing stocks shrink further
Manufacturers had reduced their stocks of finished products by more than 14 percent in January relative to January 2009. The decrease in January was somewhat larger than in the five preceding months.
Decline in household consumption slows down
Household spending on goods and services was 0.7 percent lower in January 2010 than in January 2009. In December, household spending still was 2.5 percent down on one year previously. Households have...
Fewer jobs lost
The number of jobs of employees was 147 thousand lower in the fourth quarter of 2009 than one year previously, a decrease by 1.8 percent. In the third quarter of last year, 139 thousand jobs were...
Business services providers more optimistic about future turnover
In March, the number of business services providers expecting turnover to increase in the next three months easily outnumbered those expecting a decline. Optimists outnumbered pessimists by 25...
Modest further economic recovery
The Dutch economy shrank by 2.2 percent in the fourth quarter of 2009 compared with the same period in 2008. The decrease was much smaller than in the first three quarters of 2009.