Dutch economy grows 0.1% in 2015 third quarter

Dutch economy grows 0.1% in 2015 third quarter

24th December 2015, Comments 0 comments

The Dutch economy grew just 0.1% in the third quarter of this year, making it unlikely full-year growth will meet the forecast 2%.

The national statistics office CBS also put third-quarter growth at 0.1% in its first estimates published in November.

‘If we want to hit 2%, then we need to book growth of between 0.5% and 1% in the final three months of the year,’ senior economist Peter Hein said at the time. ‘That is a lot, but not impossible.’

The lower than hoped third-quarter figure stems from disappointing exports due to a slow down in world trade.

 

© DutchNews.nl

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