RaboResearch - Economic Research

Economic Update

Germany: Steady as she goes

Once again, the German economy posted a positive growth figure in the third quarter. The increase has been entirely domestic-driven. We expect domestic demand to remain strong given the solid labour market and the positive investment outlook.

Economic Update

France: Nombres rouges

The French economy slightly contracted in 13Q3, but this was largely due to a bounce back from the strong 13Q2 figure. We expect the recovery to continue, albeit very gradually. Therefore, we do not envisage a robust improvement in the labour market.

Economic Update Dutch version

The Netherlands: freeze or thaw?

In recent weeks, the Netherlands has been greatly occupied by the predictions of Klaas Knot. Has the economy grown or contracted in the third quarter? Based on the data currently available, no clear conclusion can be drawn.