The Dutch economy fared remarkably well in the third quarter, supported by strong private consumption, thereby continuing the healthy economic performance registered in the first half of the year. The latest monthly indicators suggest that the economic momentum has carried over into the final quarter. The unemployment rate continued to fall in October and in November maintained the previous month’s low level. After hitting a nine-year high in October, consumer confidence remained unchanged at the same level in November. Business confidence declined slightly in November but remained firmly in expansionary territory, while in the same month the Manufacturing PMI rose again and hit a multi-year high. On the external front, exports, though decelerating, continued to grow in October.
Netherlands Economy Data
(Article source: http://www.focus-economics.com/)