More bankruptcies
In May this year, 557 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt, 114 more than in April.
As the number of businesses declared bankrupt in a particular month is closely related to the number of days the courts are in session, it may vary considerably from month to month. Therefore, the three-monthly moving average is a more reliable indicator.
The three-monthly moving average was 513 in May versus 504 in April. The number of bankruptcies has varied around 500 for almost a year now.
The figures published in this update have been adjusted from those published on 9 June 2011. The revision is based on new and more detailed information.
More figures can be found in dossier Business cycle.