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Biggest contraction ever in household consumption
Consumers spent 6.7 percent less in March 2020 than one year previously. This is the sharpest contraction in domestic household consumption CBS has ever recorded.
Economic contraction of 1.7 percent in Q1 2020
According to the first estimate conducted by Statistics Netherlands (CBS), which is based on currently available data, gross domestic product (GDP) declined by 1.7 percent in Q1 2020 relative to Q4...
Business confidence in Q2 at lowest level ever measured
Due to the COVID-19 crisis and accompanying measures, entrepreneurs have not been this pessimistic since the start of surveytaking. Business confidence stands at -37.2, down from 6.4 in the previous...
Exports down by 4 percent in March
The total volume of goods exports shrank by 4.0 percent in March year-on-year. This is the first contraction in exports since June 2019.
First week of May: 55 bankruptcies
In week 19 (working week 4 to 8 May inclusive), 55 companies and institutions including sole proprietorships were declared bankrupt.
More bankruptcies in April
The number of corporate bankruptcies, adjusted for court session days, has increased.
Less rapid consumer price increase in April
The consumer price index (CPI) was 1.2 percent higher in April than in the same month last year.
Supplemental survey: Decline in consumer confidence continues
This supplemental survey indicates sustained decline in consumer confidence over the month of April.
Manufacturing output 2.5 percent down in March
In March 2020, the average daily output generated by the Dutch manufacturing industry was 2.5 percent down on March 2019.
Manufacturing output prices almost 4 percent down in March
Prices of Dutch-manufactured products were on average 3.8 percent down in March 2020 year-on-year.
Retail turnover 3.5 percent up in March
Dutch retail sector achieved 3.5 percent year-on-year turnover growth in March 2020.
Fourth week of April: 112 bankruptcies
In week 17 (working week 20 to 24 April inclusive), 112 companies and institutions including sole proprietorships were declared bankrupt.
Historic drop in producer confidence
In April, producer confidence has plummeted to its lowest level since the start of the producer confidence survey.
Third week of April: 60 bankruptcies
In week 16 (working week 13 to 17 April inclusive), 60 companies and institutions – excluding sole proprietorships – were declared bankrupt.
Household spending 1.1 percent up in February
Dutch consumers spent 1.1 percent more in February 2020 than in February 2019.
Investments 1 percent up in February
The volume of investments in tangible fixed assets was 1 percent up in February relative to the same month last year.
House prices 7 percent higher in March
In March 2020, prices of owner-occupied dwellings (excluding new constructions) were on average 7.0 percent higher than in the same month last year.
Historic drop in consumer confidence
Consumer confidence has plummeted in April on account of the COVID-19 crisis.
Second week of April: 86 bankruptcies
In week 15 (working week 6 to 10 April inclusive), 86 companies and institutions – excluding sole proprietorships – were declared bankrupt.
Retail turnover 5 percent up in February
Dutch retail sector achieved 5 percent year-on-year turnover growth in February 2020. The volume of sales increased by 3.5 percent.
Fewer bankruptcies in March
There were 13 fewer bankruptcies in March 2020 than in the previous month. The trend has been relatively stable in recent years.
Economic picture mid-April slightly less favourable
According to the CBS Business Cycle Tracer, the economic situation in mid-April is slightly less favourable than in the previous month.
Exports up by over 3 percent in February
The total volume of goods exports grew by 3.3 percent in February year-on-year. Growth was slightly lower than in the previous month.
Manufacturing output 1.3 percent down in February
The average daily output generated by the Dutch manufacturing industry was 1.3 percent down in February 2020 compared to the same month one year previously.
Number of bankruptcies up in first week of April
In week 14 (working week 30 March to 3 April inclusive), altogether 69 companies and institutions – excluding sole proprietorships – were declared bankrupt.