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Dutch economy recovers further in fourth quarter 2010
Dutch economic growth in the fourth quarter of 2010 was 2.4 percent compared with the same period in the previous year.
Crude oil prices strongly affect terms of trade
Following the outbreak of the credit crisis in autumn 2008, Dutch terms of trade initially improved considerably. In the course of 2009, however, they started to deteriorate.
Dutch economy continues recovery
The Dutch economy grew by 2.4 percent in the fourth quarter compared to the same period in 2009, versus 1.8 percent in the third quarter compared to last year’s third quarter.
Employment recovers further
The number of jobs of employees was 25 thousand higher in the fourth quarter of 2010 than in the fourth quarter of 2009. Following one and a half years of decrease, for the first time employment was...
Exports boost economy in 2010
The Dutch economy was in far better shape in 2010 than in 2009. Economic growth was 1.7 percent, following an unprecedented 3.9 percent decrease in 2009. Dutch exports of goods and services grew by...
Inflation rate marginally up to 2 percent
January’s inflation rate has climbed to 2.0 percent whereas in December, consumer prices were on average 1.9 percent higher than one year previously.
Dutch inflation a bit higher
Dutch inflation rose marginally in January to 2.0 percent, an increase by 0.1 of a percentage point compared to December.
490 bankruptcies filed in January
In January this year, 490 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt.
Manufacturing output growth again 5 percent
The average daily output of Dutch manufacturing industry was 5 percent higher in December 2010 than in December 2009. Output growth was nearly equal to October and November. Although manufacturing...
Manufacturing turnover 15 percent higher
Manufacturers realised a 15 percent turnover increase in December 2010 compared to the same month in 2009. This growth rate is marginally down on November, when turnover increased by 16 percent.
Fewer corporate and personal bankruptcies filed in 2010
Last year, 9.6 thousand bankruptcies were filed, i.e. 9 percent fewer than in 2009.
Retail sector performs well
Retail turnover was 5 percent higher in November 2010 than in November 2009, the most substantial growth in two years.
Interest rate unchanged
The Dutch long-term interest rate, based on the return of the most recent ten-year government loan, averaged 3.2 percent in January 2011. The rate is virtually unchanged from December 2010, following...
Price increase manufacturing industry more substantial
Factory gate prices in Dutch manufacturing industry were almost 11 percent higher in December than in December 2009. In November, prices rose by over 9 percent compared with one year previously.
Growth rate exports remains high
In November 2010, the volume of goods exports was up by 8 percent on November 2009. Although growth was slightly less rapid than in October, the volume of exports reached about the highest level ever...
Reduction in manufacturing stocks continues
In November, manufacturers’ stocks of finished products were almost 2 percent down on November 2009.
Manufacturers a little more optimistic
The mood among manufacturers improved a little in January. The producer confidence indicator stood at 2.7 versus 2.5 in December 2010.
Providers of business services slightly more positive
In January, the number of business services providers anticipating turnover growth in the next three months outnumbered those anticipating a decrease by 18 percent, i.e. 4 points above the level in...
Unemployment further down
Seasonally-adjusted unemployment was 401 thousand in December 2010, a reduction by 8 thousand relative to November.
Sustained decline corporate investments
In November 2010, the volume of private fixed capital formation in tangible assets was 4.3 percent down on November 2009.
Dutch consumers gain confidence
The mood among Dutch consumers improved substantially in January, because consumers were much more optimistic about the economic climate. The consumer confidence index rose 6 points and stood at -8....
Youth unemployment down
In December 2010, seasonally adjusted unemployment in the Netherlands stood at 401 thousand, a decline by 8 thousand relative to November.