Economic Update
The Netherlands: Starting another year with a lockdown
The new lockdown measures in the Netherlands will mostly hit consumer spending. But consumer confidence was already in decline before these measures were announced.
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Economic Quarterly Report Dutch version
New corona wave and high inflation dampen economic growth in 2022
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
The Netherlands: GDP Back at Pre-Covid Level – Now What?
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 Update
Sector forecasts: Many sectors back to full speed
Most Dutch sectors had a good second quarter. The outlook is also favorable but there are concerns about shortages of materials and labor.
Economic Quarterly Report Dutch version
Dutch economy getting back to ‘new’ normal
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 Report Dutch version
Phase two of the recovery takes hold as economy is re-opened
The Dutch economy is reopening more rapidly than previously communicated by the government and this goes hand in hand with a pick-up in economic activity.
Economic Quarterly Report Dutch version
Dutch economy making robust recovery from corona crisis
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.
Dutch Housing Market Quarterly Dutch version
Double-digit growth expected for Dutch house prices in 2021
We expect prices on the Dutch housing market to rise on average 10.9 percent in 2021, as the outlook for the economy has improved and because lending criteria have relaxed and the stamp duty for younger buyers has been (partially) cut.
Special
Comparing G20’s cash cannon in 2020
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.
Economic Update
The Netherlands: Lockdown causes sharp decline in private consumption
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.