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4 percent of the labour force unemployed
In the period May-July 2008, unemployment averaged 308 thousand, i.e. 4.0 percent of the labour force.
Turnover growth retail slackening
Turnover growth in retail trade was 2.3 percent in the second quarter of 2008 relative to the same period last year. This is the lowest growth rate since the fourth quarter of 2005.
Economic growth slowing down
According to a first estimate released by Statistics Netherlands, economic growth was 2.8 percent in the second quarter of 2008 relative to the same period last year.
Number of job vacancies still high
The number of vacancies in the second quarter of 2008 remained high. Adjusted for seasonal variation, 240 thousand vacancies were unfilled at the end of June 2008, only 2 thousand down on the...
Inflation rate soaring
Dutch inflation stood at 3.2 percent in July, i.e. 0.6 percentage points higher than in June. For the first time since 2002, the rate crossed the 3 percent mark.