Interest Rate in Netherlands

Netherlands Interest Rate | Economic News & Forecasts

Netherlands - Interest Rate

The momentum seen in the first quarter is expected to have largely carried over into the second quarter. Throughout Q2, consumer confidence remained at high levels, while the unemployment rate remained at a near-decade low in June. This should have translated into healthy household consumption, which is likely to have received a further boost from a wealth effect generated by robust growth in home prices. In addition, the manufacturing PMI remained well in expansionary territory in June, despite easing on softer employment growth. On the flipside, low unemployment is likely creating capacity constraints. This comes after growth in the first quarter was driven by robust consumer spending underpinned by a tight labor market and moderate inflationary pressures; however, the external sector performed poorly, with exports contracting quarter-on-quarter. In July, consumer confidence remained elevated, suggesting that private consumption will continue to spearhead the economy in the third quarter.

Netherlands - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)0.25  0.05  0.05  0.0  0.0  

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Netherlands Interest Rate Chart


Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Netherlands Facts

ValueChangeDate
Bond Yield0.505.70 %Aug 06
Exchange Rate1.160.65 %Aug 07
Stock Market574-0.57 %Aug 07

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