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Fewer bankruptcies
In October, 500 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt. This is 130 fewer than in September this year, but still substantially more than...
Inflation rate further up
In October 2009, the Dutch inflation rate stood at 0.7 percent, an increase by 0.3 percentage points compared to September.
The Business Cycle Tracer: leading, coincident and lagging indicators
Since 2005, Statistics Netherlands has been monitoring the state of the Dutch business cycle with the aid of the Business Cycle Tracer (BCT). The BCT is based on 15 indicators. The individual changes...
Inflation further up
Inflation was 0.7 percent in October 2009. In September, consumer prices were 0.4 percent higher than one year previously.
Interest rate marginally lower
The Dutch long-term interest rate based on the return of the most recent ten-year government loan, averaged 3.5 percent in October, i.e. 0.1 of a percentage point less than in September 2009.
Decline in factory gate prices remains stable
Factory gate prices in Dutch manufacturing were 12.5 percent lower in September 2009 than in September 2008.
Economic situation slightly better
The economic situation at the end October was slightly better than at the end of September. This is mainly due to the fact that orders received and producer’s confidence have increased.
Short-term fixed rate mortgage loans increasingly popular
Buyers and owners of residential property who negotiated new mortgage loans in August 2009, nearly twice as often opted for short-term fixed rate mortgages (with a maximum of one year) than one year...
Mood among manufacturers improved
In October, Dutch manufacturers were less negative than in September. The producer confidence index rose from -9.8 to -7.8.
Business services providers expect turnover to increase
In October 2009, the number of Dutch business service providers expecting their turnover to increase outnumbered those expecting a decline.
Household consumption down
Dutch household spending on goods and services was 3.5 percent lower in August 2009 than in August 2008.
Consumers slightly more pessimistic
Dutch consumers were slightly more pessimistic in October than in September. Consumer confidence fell from -17 to -19. The decrease is mainly the result of more pessimistic opinions on the economic...
Fall in house prices levelling off
Prices of Dutch houses (excl. new construction) sold in September 2009 were on average 5.3 percent lower than in September 2008.
Unemployment continues to rise
An average of 394 thousand people were unemployed in the period July-September 2009, i.e. 5.0 percent of the labour force, as against 3.7 percent one year ago.
Unemployment rises further
In the period July – September 2009, seasonally adjusted unemployment stood at 398 thousand, an increase of 10 thouisand relative to the period June - August.
Retailers face turnover loss of nearly 8 percent
In August 2009, retail turnover was 7.7 percent down on one year previously. Volume shrank by 7.1 percent, while prices dropped 0.7 percent. The price drop was entirely caused by lower fuel prices.
Retail turnover nearly 8 percent down
In August 2009, Dutch retailers faced a nearly 8 percent turnover loss compared with August 2008.
Modest recovery manufacturing output
The average daily output of the Dutch manufacturing industry was 8 percent down in August on August 2008. The decrease was somewhat smaller than in preceding months. Manufacturing output compared...
Decline in exports somewhat larger
The volume of goods exports was 8 percent lower in August 2009 than twelve months previously. This is a slightly larger decrease than in July, but still much smaller than in the months before. The...
620 bankruptcies
In September 2009, 620 businesses and institutions (excluding one-man businesses) were declared bankrupt, i.e. over 100 more than in August this year.
Smaller decrease in manufacturing turnover
Manufacturing turnover was 22 percent lower in August than one year previously. The decrease is slightly smaller than in July, when it was 24 percent down. Over half of August’s turnover decrease was...
Terms of trade deteriorated
In August 2009, Dutch terms of trade of imported and exported goods were lower than in August 2008. Prices of imported goods were 9.5 percent down on one year previously and prices of exported goods...
Growing confidence in future economy
Consumer confidence has built up over the past three quarters. People were far less negative about the economic situation in the next twelve months.
Inflation rate marginally higher in September
The inflation rate in the Netherlands rose marginally in September 2009 to 0.4 percent, i.e. 0.1 percentage points higher than last month and 0.2 percentage points higher than in July.