Interest Rate in Netherlands
Netherlands - Interest RateEconomic momentum lost slight steam in Q1 but remained robust, with domestic demand driving growth in the quarter. Household expenditure expanded at a notably strong rate, recording a multi-year high growth rate, supported by low levels of unemployment and high consumer confidence. The tight labor market is beginning to feed through to wages, with strong wage growth promised in recent collective wage agreements in the construction sector. This could pave the way for similar agreements in other sectors, boding well for private consumption in the months ahead. Fixed investment also expanded at a solid pace in the first quarter, and industrial production was resilient through March. The external sector, however, dragged on growth. Moreover, available data points to a solid Q2 despite a slight easing of consumer and business sentiment so far in the quarter.
Netherlands - Interest Rate Data
|Policy Interest Rate (%)||0.25||0.05||0.05||0.0||0.0|
5 years of economic forecasts for more than 30 economic indicators.
Netherlands Interest Rate Chart
Source: European Central Bank.
|Bond Yield||0.64||5.70 %||Jun 13|
|Exchange Rate||1.17||0.65 %||Jun 14|
|Stock Market||568||-0.57 %||Jun 14|
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June 1, 2018
The NEVI manufacturing Purchasing Managers’ Index (PMI), co-produced with IHS Markit, decreased from 60.7 in April to 60.3 in May, the lowest reading since September of last year.
May 30, 2018
After two consecutive monthly drops in business confidence, sentiment increased strongly in May and reached the third-highest level in the history of the survey.
May 23, 2018
In May, sentiment among consumers eased from 25 in April to 23 on the back of a broad-based moderation, as all sub-indicators recorded a lower reading than in the prior month.
May 15, 2018
A preliminary reading of economic growth in the first quarter of 2018 showed that the economy lost some steam, with quarter-on-quarter growth coming in at 0.5%, down slightly from the 0.7% expansion recorded in the prior quarter.
May 1, 2018
The NEVI manufacturing Purchasing Managers’ Index (PMI), co-produced with IHS Markit, decreased from 61.5 in March to 60.7 in April, the lowest reading in six months.