Economic Quarterly Report
Dutch economy likely to face mild recession
We anticipate a mild recession for the Netherlands in the last quarter of 2022 and first quarter of 2023. Unemployment is expected to rise only moderately.
Economic Quarterly Report
We anticipate a mild recession for the Netherlands in the last quarter of 2022 and first quarter of 2023. Unemployment is expected to rise only moderately.
Economic Update
High inflation keeps a grip on the Dutch economy. Economic growth is leveling off, but we do not expect a recession. The war in Ukraine is the largest source of uncertainty.
Economic Update
We were moderately positive about 2022, despite growing concerns about the high inflation prints. But that was all before Russia’s invasion of Ukraine.
Economic Quarterly Report
The war in Ukraine is expected to lead to strongly rising prices and impediments to foreign trade, resulting in lower economic growth in the Netherlands this year.
Economic Update
The new lockdown measures in the Netherlands will mostly hit consumer spending. But consumer confidence was already in decline before these measures were announced.
Dutch Housing Market Quarterly Dutch version
House prices are expected to rise by 14.9 percent this year and 12.4 percent in 2022. The number of homes sold will fall sharply in 2022, to 188,000. For the full year 2021, we expect to see around 222,000 transactions.
Economic Quarterly Report Dutch version
We expect the Dutch economy to grow by 2.9 percent in 2022, lower than previously projected. This is due to stricter corona measures and higher than expected inflation.
Economic Update
Looking ahead, we expect growth figures will move toward more ‘normal’ readings. The economy is facing headwinds, mainly from supply-side constraints, such as labor shortages, supply chain disruptions, and low availability of (raw) inputs.
Economic Quarterly Report Dutch version
We expect the Dutch economy to grow by 4.2 percent this year. The recovery is stronger than in other European countries. It is sensible to phase out the generic support measures and will not lead to a large increase in unemployment.
Economic Update
Household consumption and exports have further increased. Additionally we expect the factors causing upward inflation to be temporary.
Economic Report
The EU Commission published the next step in the E.U. Taxonomy in June 2020. It includes a proposal to make all large companies and listed SMEs disclose their alignment with the Taxonomy. This report provides an update on the latest developments.
Economic Quarterly Report Dutch version
We have upwardly revised our outlook for the Dutch economy and expect 3.8 percent growth this and 3.7 percent next year. GDP is expected to return to pre-coronavirus levels in the third quarter of this year – faster than in other European countries.