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Supplemental survey: Decline in consumer confidence continues
This supplemental survey indicates sustained decline in consumer confidence over the month of April.
Manufacturing output 2.5 percent down in March
In March 2020, the average daily output generated by the Dutch manufacturing industry was 2.5 percent down on March 2019.
Manufacturing output prices almost 4 percent down in March
Prices of Dutch-manufactured products were on average 3.8 percent down in March 2020 year-on-year.
Retail turnover 3.5 percent up in March
Dutch retail sector achieved 3.5 percent year-on-year turnover growth in March 2020.
Fourth week of April: 112 bankruptcies
In week 17 (working week 20 to 24 April inclusive), 112 companies and institutions including sole proprietorships were declared bankrupt.
Historic drop in producer confidence
In April, producer confidence has plummeted to its lowest level since the start of the producer confidence survey.
Third week of April: 60 bankruptcies
In week 16 (working week 13 to 17 April inclusive), 60 companies and institutions – excluding sole proprietorships – were declared bankrupt.
Household spending 1.1 percent up in February
Dutch consumers spent 1.1 percent more in February 2020 than in February 2019.
Investments 1 percent up in February
The volume of investments in tangible fixed assets was 1 percent up in February relative to the same month last year.
House prices 7 percent higher in March
In March 2020, prices of owner-occupied dwellings (excluding new constructions) were on average 7.0 percent higher than in the same month last year.
Historic drop in consumer confidence
Consumer confidence has plummeted in April on account of the COVID-19 crisis.
Second week of April: 86 bankruptcies
In week 15 (working week 6 to 10 April inclusive), 86 companies and institutions – excluding sole proprietorships – were declared bankrupt.
Retail turnover 5 percent up in February
Dutch retail sector achieved 5 percent year-on-year turnover growth in February 2020. The volume of sales increased by 3.5 percent.
Economic picture mid-April slightly less favourable
According to the CBS Business Cycle Tracer, the economic situation in mid-April is slightly less favourable than in the previous month.
Fewer bankruptcies in March
There were 13 fewer bankruptcies in March 2020 than in the previous month. The trend has been relatively stable in recent years.
Exports up by over 3 percent in February
The total volume of goods exports grew by 3.3 percent in February year-on-year. Growth was slightly lower than in the previous month.
Manufacturing output 1.3 percent down in February
The average daily output generated by the Dutch manufacturing industry was 1.3 percent down in February 2020 compared to the same month one year previously.
Number of bankruptcies up in first week of April
In week 14 (working week 30 March to 3 April inclusive), altogether 69 companies and institutions – excluding sole proprietorships – were declared bankrupt.
Less rapid consumer price increase in March
The consumer price index (CPI) was 1.4 percent higher in March than in the same month last year.
Number of bankruptcies down in last week of March
In week 13 (23 to 29 March), 44 companies and institutions (excluding sole proprietorships) were declared bankrupt.
Producer confidence down in March
Producer confidence among Dutch manufacturers has deteriorated in March 2020 to the lowest level since October 2014.
Manufacturing output prices almost 1 percent up in February
Prices of Dutch-manufactured products were on average 0.9 percent up in February 2020 year-on-year.
GDP growth rate remains 0.4 percent in Q4 2019
According to the second estimate conducted by Statistics Netherlands (CBS), gross domestic product (GDP) showed 0.4 percent growth in Q4 2019 relative to Q3 2019.
Economic picture mid-March virtually unchanged
According to the CBS Business Cycle Tracer, the economic situation in March has hardly changed compared to the previous month.
Consumer confidence remains the same in March
The Dutch consumer confidence indicator stands at -2 in March. The effect of the measures against the spread of coronavirus is probably not yet reflected in the consumer confidence measurements for...