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The Dutch retail sector recorded 8.2 percent year-on-year turnover growth in May 2020. This is the highest growth in 14 year time.

Prices of Dutch-manufactured products were on average 8.0 percent down in May 2020 year-on-year.

In June, confidence among Dutch manufacturers was again less unfavourable.

In week 25 (15 to 21 June inclusive), 84 companies and institutions including sole proprietorships were declared bankrupt.

According to the second estimate conducted by Statistics Netherlands (CBS), gross domestic product (GDP) declined by 1.5 percent in Q1 2020 relative to Q4 2019.

According to the CBS Business Cycle Tracer, the economic situation has still deteriorated rapidly this month. The economy has entered a stage of deep recession.

The volume of investments in tangible fixed assets was 10.6 percent down in April 2020 relative to the same month last year.

Consumers spent 17.4 percent less in April 2020 than one year previously. This is the sharpest contraction in domestic household consumption CBS has ever recorded.

In June, Consumers are slightly less negative.

IIn May 2020, prices of owner-occupied dwellings (excluding new constructions) were on average 7.7 percent higher than in the same month last year.

In week 24 (working week 8 to 14 June inclusive), 60 companies and institutions including sole proprietorships were declared bankrupt.

The total volume of goods exports shrank by 11.2 percent in April year-on-year.

The number of corporate bankruptcies, adjusted for court session days, has decreased.

The consumer price index (CPI) was 1.2 percent higher in May than in the same month last year.

In April 2020, the average daily output generated by the Dutch manufacturing industry was 11 percent down on April 2019.

This supplemental survey indicates a slightly improved consumer confidence over the month of May.

In week 22 (working week 25 to 29 May inclusive), 75 companies and institutions including sole proprietorships were declared bankrupt.

Dutch retail sector recorded 1.5 percent year-on-year turnover decline in April 2020.

Prices of Dutch-manufactured products were on average 8.2 percent down in April 2020 year-on-year.

Confidence among Dutch manufacturers has recovered slightly in May.

IIn week 21 (working week 18 to 22 May inclusive), 85 companies and institutions including sole proprietorships were declared bankrupt.

In April 2020, prices of owner-occupied dwellings (excluding new constructions) were on average over 7.0 percent higher than in the same month last year.

In May, the consumer confidence indicator is further down.

The volume of investments in tangible fixed assets was almost 1 percent up in March relative to the same month last year.

According to the CBS Business Cycle Tracer, the economic situation in mid-April is slightly less favourable than in the previous month.