Economic Comment Dutch version
Hard economic data usually comes available at quite some lag. To gauge the economic impact of COVID-19 we look at more timely economic indicators that are readily available. Data on traffic jams, international flights, and restaurant bookings are released sooner and more frequently. This helps us to better monitor the economic situation during the COVID-19 crisis.
Special
Advanced G20 countries have really fired up the cash cannon compared to emerging G20 economies during Covid-19. But without this sizeable government spending by both the advanced and the emerging G20 countries, G20’s total contraction could have been four times more severe.
Special
Offsetting CO2-emissions through voluntary carbon credits plays a role in the transition to a zero-carbon economy. Although the market is small and oversupplied, things are changing. Demand from non-regulated sectors like aviation is driving market growth.
Economic Quarterly Report
We expect that recovery could start earlier in the Netherlands than in other countries, but the pace of vaccination rollout is just one of the uncertainties to be faced.
Dutch Housing Market Quarterly Dutch version
The shortage of homes will continue to impact the Dutch housing market in 2021 and 2022. For 2021 we forecast a substantial rise in house prices but expect sales to slow.
Economic Update
The Dutch economy suffered an exceptional contraction of 3.8% in 2020, which amounts to the largest decline since WW2. The stringent lockdown caused household consumption to fall sharply and hurts the retail sector. Increased investments and industrial production, however, soften the blow.
Special
Momentum for green hydrogen is growing in North-West Europe. Almost every week, a new initiative is announced. The Netherlands has a clear lead over Germany, but the latter is catching-up fast.
Economic Quarterly Report
We made small downward revisions to our projections for the Dutch economy following the announcement of a hard lockdown on December 14.
Economic Quarterly Report Dutch version
Following the economic decline of an estimated 4.2 percent this year, we expect the economy to grow by 2.4 percent in both 2021 and 2022. Unemployment is expected to rise to 5.5 percent by the end of 2021.
Economic Quarterly Report
Underneath the surface of the macroeconomic turbulence, we see a variety of developments between and among sectors in the Netherlands. But a total recovery is not in the cards for 2021. Sectors are effected by both the economic downturn and the corona restrictions.
Dutch Housing Market Quarterly Dutch version
Dutch house prices have risen again sharply in the past year, with larger homes gaining in popularity. However, despite the coronavirus crisis there is no evidence yet of accelerating migration away from the four largest cities. We expect prices to rise further in 2021 and 2022.