The Dutch economy shrank by 1.1 percent in the third quarter compared with the previous quarter, the Dutch Central Bureau of Statistics (CBS) said Thursday. Year on year, the country's national economic output in the July-September period contracted by 1.6 percent, the CBS statistics showed. Household consumption and investment declined, while exports grew less than in previous quarters, according to the CBS. Exports of goods and services rose by only 1.6 percent year on year, down from 4.4 percent in the second quarter. The household consumption went down for the sixth time in a row, by 1.8 percent compared to a year earlier. Consumption by the public increased slightly by 0.2 percent, mainly due to a further increase in healthcare expenditures. Investment in fixed assets was 6.4 percent lower than a year earlier. The CBS reported lower investment in houses, buildings, earthworks, civil engineering works, vehicles, cars and also in machinery and equipment. Poor figures were also observed in employment. The country's unemployment rate rose to 6.8 percent in October from 6.6 percent in the previous month.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor