Many bankruptcies

In March this year, 709 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt, i.e. 50 down from February, when the number of bankruptcies was at an all-time high.

As the number of businesses declared bankrupt in a particular month is closely related to the number of days courts are in session, it may vary considerably from month to month. Therefore, the three-month moving average is a more reliable indicator.

The three-month moving average stood at 734 in March, i.e. the highest number since the beginning of the time series in 1981.

Bankruptcies of businesses and institutions (excluding one-man businesses)

More figures can be found in dossier Business cycle.

For more information on economic indicators, the reader is referred to the Economic Monitor.