Economic Update Dutch version
The Dutch domestic economy is showing strength, but GDP growth is still likely to slow due to a deterioration of the trade balance. Higher oil prices, trade conflict, a tight labour market and VAT-hikes all point to higher inflation.
The choice of the British population to leave the EU will have significant consequences for trade between the EU and the UK and will affect many companies. Our Brexit Monitor helps you track the latest Brexit Developments and anticipate on further progress.
After months of de-escalating trade tensions, President Trump decided to start a global wrestle over trade. The problem with wrestling is that everybody ends up being bruised. Although India might be trying to avoid the punch-up, it is probably not immune to these kinds of economic shocks.
The Prime Minister of the United Kingdom, Theresa May, averts another crisis and pushes the Brexit can down the road making it likely that the Brexit negotiations run into further delays and the withdrawal agreement is ready only towards the end of 2018.
In many Eurozone countries, private sector debt has decreased in recent years and so has the vulnerability of the private sector to higher interest rates. Yet in many countries debt remains high and in several countries vulnerabilities are still present.
Economic Comment Dutch version
Despite deleveraging in recent years, private sector debt remains high in many Eurozone countries. The private sector in Cyprus, Greece, Ireland, Portugal, Spain, Finland and Luxembourg is most vulnerable to higher interest rates.