Arab Today, arab today dutch economic contraction lower after new calculation
Last Updated : GMT 21:46:51
Arab Today, arab today
Arab Today, arab today

Dutch economic contraction lower after new calculation

Arab Today, arab today

Arab Today, arab today Dutch economic contraction lower after new calculation

Dutch economic contraction lower
The Huge - XINHUA

Due to a new calculation method, the Dutch economy in the first quarter of 2014 shrunk less than what was calculated in May this year, the Dutch Central Bureau of Statistics (CBS) announced on Wednesday.
Recent economic developments, such as globalization and the rapid rise of the IT sector, have had a bigger impact according to new rules, leading to a different growth rate.
In May, the CBS said growth contracted by 1.4 percent in the first quarter of 2014. Based on new European Union (EU) directives and additional information, the contraction was estimated at 0.6 percent.
While the difference in figures can almost entirely be explained by the effects of the changed rules, a part of the lower economic contraction is caused by new information on business services and catering, the agency said.
New information showed that these sectors were more positive about the economy than previously thought.
The economic contraction was mainly caused by low gas consumption in the mild winter. CBS emphasized that one quarter of contraction does not affect the general recovery of the Dutch economy.
According to estimates earlier this month by the Dutch central bank DNB, economic growth will rise from 0.2 percent this year to 1.6 percent in both 2015 and 2016.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dutch economic contraction lower after new calculation Arab Today, arab today dutch economic contraction lower after new calculation

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dutch economic contraction lower after new calculation Arab Today, arab today dutch economic contraction lower after new calculation

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday