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Retail trade: higher prices, lower sales
Retail sales in the second quarter of 2011 were 1.4 percent up on the second quarter of 2010.
Growth Dutch economy slows down
The Dutch economy grew by 1.5 percent in the second quarter of 2011 compared to the same period last year. The growth was considerably less substantial than in the first quarter, when the gross...
Number of jobs continues to rise
In the second quarter of 2011, the number of jobs of employees was 46 thousand higher than in the same quarter of 2010, an increase of 0.6 percent.
Slightly more job vacancies
At the end of June 2011, there were 137 thousand job vacancies, i.e. 2 thousand more than at the end of March. The private sector accounted entirely for the increase.
Exports growth slightly up
The volume of exports of goods increased by nearly 6 percent in June from twelve months previously. This is marginally above the increase in May. The growth of the volume of exports has remained...
Terms of trade improved
Dutch terms of trade of imported and exported goods improved in June 2011 compared to June 2010. Prices of exported goods were 3.1 percent higher, prices of imported goods rose by 2.2 percent.
Slightly more bankruptcies
In July this year, 460 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt, slightly more than in June.
Manufacturing output growth unchanged
The average daily output generated by Dutch manufacturing industry was over 2 percent higher in June 2011 than in June 2010. Output growth was the same as in May.
Turnover growth manufacturing industry 8 percent
Dutch manufacturers realised a turnover growth of 8 percent in June 2011 relative to June 2010. In May, turnover was 24 percent up on one year previously. The working-day and holiday pattern in June...
Manufacturing industry still suffering from blow credit crunch
Output generated by the Dutch manufacturing industry was 2.4 percent higher in June 2011 than in June 2010. Production has been higher than one year previously for almost eighteen months now,...
Retail sales marginally up
Retail sales were 0.5 percent higher in May than twelve months previously. Retail prices were nearly 3 percent higher.
Inflation rate climbs to 2.6 percent
July’s inflation rate was 2.6 percent versus 2.3 percent in June.
Interest rate further down
The Dutch long-term interest rate, based on the return of the most recent ten-year public loan, averaged 3.2 percent in July 2011, i.e. 0.1 of a percentage point down on June.
Dutch terms of trade down five years in a row
In 2010, prices of imported goods were 7.3 percent up on one year previously. Prices of exported goods rose by 6.8 percent. In the preceding four years, import prices also rose by more than export...
Smaller rise in factory gate prices
Dutch Manufacturers raised their prices by 9 percent in June 2011 relative to June 2010. For the third month running, the price increase was less substantial than in the preceding month.
Exports growth slows down further
The volume of exports of goods increased by more than 2 percent in May from twelve months previously, the lowest exports growth rate in almost a year and a half.
Fewer bankruptcies
In June this year, 437 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt, 121 fewer than in May.
Producer confidence plummets
Producer confidence in manufacturing industry plummeted in July. The producer confidence indicator dropped by more than 4 points from 2.0 in June to – 2.2 in July.
Providers of business services anticipate turnover increase
In July, business services providers anticipating turnover to grow during the next three months outnumbered those anticipating turnover to decline. The index stood at + 7 in July versus – 5 in June.
Manufactures see inventories pile up
In May 2011, manufacturers’ stocks of finished products were 9 percent up on May 2010. The growth rate was more substantial than in previous months.
Unemployment down
According to the latest figures, seasonally adjusted unemployment totalled 392 thousand in June 2011, a reduction by 9 thousand from May.
Drop in house prices unchanged
Prices of existing owner-occupied houses were on average 1.9 percent lower in June 2011 than in June 2010.
Unemployment down
Seasonally adjusted unemployment in the Netherlands stood at 392 thousand in June, i.e. 9 thousand below the level in the preceding month. The reduction counterbalanced an increase in the same order...