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Retail turnover 6 percent down
In November 2009, Dutch retailers faced more than 6 percent loss of turnover compared to November 2008. retail prices were nearly 1 percent higher than one year previously.
Exports nearly back at level of twelve months previously
The volume of goods exports was 2 percent smaller in November 2009 than twelve months previously. In October, the decrease was 6 percent. The reason the decrease was smaller in November is that the...
Terms of trade deteriorate substantially
Dutch terms of trade of imported and exported goods obviously slumped in November 2009. Prices of imported and exported goods were respectively 2.1 and 6.1 percent down on one year previously.
Number of bankruptcies slightly down in December
In December 2009, 540 businesses and institutions (excluding one-man businesses) in the Netherlands went bankrupt. The number of bankruptcies was reduced by more than 40 relative to November.
Inflation rate marginally higher
In December 2009, Dutch inflation was 1.1 percent, i.e. an increase by 0.1 percentage points compared to November. Inflation in the Netherlands increased for the fifth month running.
Inflation rate continues to rise
December’s inflation rate was 1.1 percent, that is 0.1 percent points up on November.
Interest rate marginally lower
The Dutch long-term interest rate, based on the return of the most recent ten-year government loan, averaged 3.4 percent in December, i.e. 0.1 of a percentage point less than in November.
Drop in factory gate prices much less substantial
Factory gate prices in Dutch manufacturing were 4 percent lower in November 2009 than one year previously.
Economic situation slightly better
The economic situation was slightly better at the end of December than at the end of November.
Decline in exports slows down
The volume of goods exports was 6 percent smaller in October 2009 than one year ago. In September, the decline was more than 8 percent. The volume of goods imports shrank by 12 percent in October.
Deteriorating terms of trade
Dutch terms of trade of imported and exported goods obviously slumped in October 2009. Prices of imported and exported goods were respectively 5.3 and 8.6 percent down on one year previously.
Job numbers plummet
In the third quarter of 2009 there were 140 thousand jobs of employees less than in the third quarter of 2008. This is the biggest drop in over 25 years.
Households cautious about spending
Household spending on goods and services was 2.6 percent lower in October 2009 than in October 2008. in September spending was down by 3.0 percent. Household consumption was down on 2008 for the...
Job numbers plummet
The number of jobs of Dutch employees was down by 140 thousand in the third quarter of 2009 on the year before.
Slight economic recovery
The Dutch economy shrank by 3.7percent in the third quarter of 2009 compared with the same period in 2008.
Manufacturing stocks fall sharply
In October 2009, stocks of finished products in the Dutch manufacturing industry were 12 percent down on one year previously.
Business services providers expect marginal turnover increase
In December, the number of business services providers expecting turnover to increase outnumbered those expecting a decline. Although the majority (+3 percent) was less distinct than in November (+6...
Mood among manufacturers deteriorates
In December 2009, Dutch manufacturers were more pessimistic than in November. The producer confidence index fell from -5.6 to -8.6.
House price drop less substantial
Prices of existing owner-occupied houses sold in November were on average 4.7 percent down on November 2008. The price drop is less substantial than in October, when houses were 5.2 percent cheaper...
Unemployment increasing further
In the period September-November 2009 there were on average 400 thousand people unemployed. This constitutes 5.2 percent of the labour force.
Unemployment rising further
In the period September – November 2009, seasonally adjusted unemployment stood at 412 thousand, an increase by 9 thousand relative to the period August - October.
Deteriorating terms of trade
Dutch terms of trade of imported and exported goods obviously slumped in October 2009. Prices of imported and exported goods were respectively 5.3 and 8.8 percent down on one year previously.