Dutch economy back to 2000 levels
21 December 2006, AMSTERDAM — The Dutch economy is recording the highest growth since 2000, figures from the national statistics office CBS revealed on Thursday.
21 December 2006
AMSTERDAM — The Dutch economy is recording the highest growth since 2000, figures from the national statistics office CBS revealed on Thursday.
For the third quarter in succession, the economy grew in the third quarter of 2006 by more than 2 percent. The last time that occurred was in 2000, prior to the 2003 recession.
Growth was 2.7 percent on an annual basis, slightly higher than the 2.6 percent the CBS forecast in November.
On a quarterly basis, the economy grew by 0.7 percent, 0.1 percent higher than an initial forecast. This was in line with the average GDP growth in earlier quarters.
Exports are contributing most to economic growth. Export growth and increased consumer spending in the third quarter was slightly less than in the first two quarters of the year. But investment clearly improved.
[Copyright Expatica News + ANP 2006]
Subject: Dutch news