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Inflation rate low
Dutch inflation stood at 0.3 percent in August 2009 and remained low. In July, the inflation rate stood at 0.2 percent
Interest rate further down
The Dutch long-term interest rate based on the return of the most recent ten-year government loan, averaged 3.6 percent in August. In July the rate was 3.8 percent. The drop in August was the second...
Fewer hours worked in temp jobs
The number of hours worked in temp jobs dropped by 6 percent in the second quarter of 2009 compared to the first quarter.
Factory gate prices 15 percent lower
Factory gate prices in Dutch manufacturing industry were 15 percent lower in July than in July 2008. In June, manufactured products were 14 percent cheaper than one year previously
Business services providers less low-spirited
In August 2009, Dutch providers of business services were less low-spirited than in previous months. The number of entrepreneurs expecting future turnover to decrease only just (by 2 percent)...
Mood among Dutch manufacturers improving
In August, Dutch manufacturers were clearly less negative than in July. The producer confidence index stood at -9.3, as against -14.8 in July 2009. This indicator shows a clear recovery after an...
Household consumption remains low
Dutch household spending was 3.1 percent lower in June 2009 than in June 2008. In April as well as in May household spending dropped by 3.7 percent. Domestic household consumption has been lower than...
House prices continue to fall
Prices of existing houses sold in July 2009 were on average 4.4 percent lower than twelve months previously. For the sixth month in a row, prices of residential property were lower than one year...
Dutch consumers much less negative about the economy
Consumer confidence increased strongly in August. The indicator rose from -24 in July to -17 in August. Consumers were especially less pessimistic about the economic situation in the twelve months to...
Unemployment approaches 5 percent
An average 386 thousand people in the Netherlands were unemployed in the period May-July 2009. This is the equivalent of 4.9 percent of the labour force.
371 thousand people unemployed
In the period May–July 2009, seasonally adjusted unemployment stood at 371 thousand. Compared to the period April-June, unemployment remained stable.
Dutch economy shrinks by 5.1 percent in second quarter 2009
The Dutch economy shrank by 5.1 percent in the second quarter of 2009 compared with the same quarter last year.
Substantial drop in vacancies
The number of unfilled vacancies again saw a substantial drop in the second quarter of 2009.
Exports still low
In June 2009, the volume of Dutch goods exports was 12 percent down on twelve months previously. The volume of goods imports decreased by more than 15 percent.
Number of job vacancies down further
After correction for seasonal effects, 127 thousands jobs were vacant by the end of June 2009, i.e. 25 thousand less than at the end of March 2009. This decrease is smaller than in the two preceding...
Retail turnover 5.1 percent down
Retail turnover in the second quarter of this year was 5.1 percent down on the second quarter of 2008.
Slight deterioration terms of trade
In June 2009, Dutch terms of trade of imported and exported goods deteriorated marginally relative to June 2008. Prices of imported and exported goods were 9.0 and 9.5 percent down respectively on...
Number of jobs plummets
The number of jobs of employees in the Netherlands was 93 thousand lower in the second quarter of 2009 than one year previously; this is a drop of 1.2 percent.