RaboResearch - Economisch Onderzoek


Recession virtually certain (Engelstalig)

It is virtually certain that the Dutch economy slid into recession in the second half of last year - only two years after the last recession in the second quarter of 2009. This sluggish economic performance has many negative consequences.


Economic Update Germany (Engelstalig)

Many instantly concluded that Germany’s annual GDP growth in 2011 (3%) implies economic contraction in 11Q4. In our view, such straightforward derivations are unwarranted. That said, the likelihood of GDP contraction in 11Q4 increased markedly.


Economic Update Italy (Engelstalig)

The Italian economy fell back into recession in11Q3. The pace of decline probably accelerated in the fourth quarter and we expect a further contraction in 12Q1. The announced austerity measures will hold back growth in 2012 as a whole.


Economic Update Belgium (Engelstalig)

In the second half of 2011 the Belgian economy experienced a mild recession. Also this year growth of domestic demand will be very weak, partly due to the fiscal consolidation measures.

Kwartaalbericht Woningmarkt

Dutch Housing Market Quarterly (Engelstalig)

The Dutch existing homes market is still showing no sign of recovery. In the fourth quarter of 2011 prices continued to drop and fewer houses changed hands. This picture is not expected to change appreciably in the coming quarters.