Lower gas consumption has negative effect on Dutch economy
Articles
According to the first estimate conducted by the Central Bureau of Statistics (CBS), the Dutch economy recorded a negative growth rate of 1.4 percent in the first quarter of 2014 relative to the fourth quarter of 2013. In the preceding three quarters the economy had grown. The lower natural gas consumption as a result of the mild weather conditions in winter largely accounted for the negative growth rate. The economy improves further, but the situation on the labour market is still bleak: 32 thousand employee jobs were lost in the first quarter relative to the fourth quarter of 2013.