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Unemployment rises further
In the period June – August 2009, seasonally adjusted unemployment stood at 386 thousand, an increase of 15 thouisand relative to the period May - July.
Retail turnover slumps by nearly 4 percent
Retail turnover declined by 3.6 percent in July 2009 relative to the same month last year.
Retailers face turnover loss
Dutch retailers faced a nearly 4 percent turnover loss in July 2009 relative to one year previously. Prices were 1.5 percent lower.
Decline in exports reduced by half
In July 2009, the volume of goods exports was almost 6 percent down on twelve months previously, a reduction by half relative to June, when the volume of exports slumped by 12 percent.
Slight deterioration terms of trade
In July 2009, Dutch terms of trade of imported and exported goods deteriorated marginally relative to July 2008. Prices of imported and exported goods were 11.3 and 11.7 percent down respectively on...
510 firms declared bankrupt
In August 2009, 510 businesses and institutions (excluding one-man businesses) were declared bankrupt, i.e. nearly 140 fewer than in July this year, but the number of bankruptcies was 220 higher than...
Inflation rate remains low
Dutch inflation was 0.3 percent in August 2009, i.e. 0.1 percentage points higher than in July, when the lowest level since 1987 was reached.
Inflation rate low
Dutch inflation stood at 0.3 percent in August 2009 and remained low. In July, the inflation rate stood at 0.2 percent
Interest rate further down
The Dutch long-term interest rate based on the return of the most recent ten-year government loan, averaged 3.6 percent in August. In July the rate was 3.8 percent. The drop in August was the second...
Fewer hours worked in temp jobs
The number of hours worked in temp jobs dropped by 6 percent in the second quarter of 2009 compared to the first quarter.
Factory gate prices 15 percent lower
Factory gate prices in Dutch manufacturing industry were 15 percent lower in July than in July 2008. In June, manufactured products were 14 percent cheaper than one year previously
Business services providers less low-spirited
In August 2009, Dutch providers of business services were less low-spirited than in previous months. The number of entrepreneurs expecting future turnover to decrease only just (by 2 percent)...
Mood among Dutch manufacturers improving
In August, Dutch manufacturers were clearly less negative than in July. The producer confidence index stood at -9.3, as against -14.8 in July 2009. This indicator shows a clear recovery after an...
Household consumption remains low
Dutch household spending was 3.1 percent lower in June 2009 than in June 2008. In April as well as in May household spending dropped by 3.7 percent. Domestic household consumption has been lower than...
House prices continue to fall
Prices of existing houses sold in July 2009 were on average 4.4 percent lower than twelve months previously. For the sixth month in a row, prices of residential property were lower than one year...
Dutch consumers much less negative about the economy
Consumer confidence increased strongly in August. The indicator rose from -24 in July to -17 in August. Consumers were especially less pessimistic about the economic situation in the twelve months to...
Unemployment approaches 5 percent
An average 386 thousand people in the Netherlands were unemployed in the period May-July 2009. This is the equivalent of 4.9 percent of the labour force.
371 thousand people unemployed
In the period May–July 2009, seasonally adjusted unemployment stood at 371 thousand. Compared to the period April-June, unemployment remained stable.