RaboResearch - Economisch Onderzoek

Conjunctuurbeeld

Economic Update The Netherlands (Engelstalig)

The Dutch economy contracted by 1.1% q-o-q in the third quarter of 2012. The contraction is disappointing, particularly as net trade no longer contributed to growth.

Kwartaalbericht Woningmarkt

Dutch Housing Market Quarterly (Engelstalig)

The Dutch housing market will see no meaningful change in the short term. Prices will fall and sales numbers will remain low. However, we do expect to see a temporary pickup in sales in the fourth quarter of 2012.

Conjunctuurbeeld

Economic Update The Netherlands (Engelstalig)

On 29 October coalition partners VVD and PvdA presented their programme for government. Projected savings of 15? bn euro are to be achieved via measures that are to come on top of proposals under the 1st Rutte cabinet and the 2013 budget agreement.

Conjunctuurbeeld

Economic Update The Netherlands (Engelstalig)

The second forecast of 12Q2 GDP growth by Statistics Netherlands (CBS) did not bring any surprises: quarterly growth was maintained at 0.2%. Net trade was the only factor that positively contributed to economic growth.

Conjunctuurbeeld

Economic Update the Netherlands (Engelstalig)

In the second quarter, the Dutch economy grew by 0.2% compared to the previous quarter. The Dutch economy continued to depend on international trade, while the domestic demand remained very weak.

Kwartaalbericht Woningmarkt

Dutch Housing Market Quarterly (Engelstalig)

In the second quarter of 2012 second-hand house prices fell further. We have seen the number of houses for sale continue to rise, while disposable income is dropping. Therefore we do not expect this picture to change during the coming quarters

Conjunctuurbeeld

Economic Update The Netherlands (Engelstalig)

The Dutch economy continues to look to international trade for impetus, while domestic demand dynamics weakens. In the second quarter of 2012, all indicators continued to point in this direction.

Conjunctuurbeeld

Economic Update The Netherlands (Engelstalig)

Over the first quarter, the economy did not contract contrary to what the flash estimate suggested. Instead, the economy grew according to Statistics Netherlands? most recent estimates. The revision indicates GDP volume over 12Q1 increased by 0.3%.

Conjunctuurbeeld

Economic Update The Netherlands (Engelstalig)

In the first three months of 2012 the Dutch economy contracted for the third consecutive quarter. Thus the Netherlands is still in recession. Consumption remains low, held back by tax increases and cutbacks combined with low consumer confidence.

Conjunctuurbeeld

Economic Update The Netherlands (Engelstalig)

The decommissioned cabinet reached agreement with parties outside the coalition on a supplementary package of measures, with which the government deficit will be reduced from 4.6% to 3% of GDP in 2013.

Conjunctuurbeeld

Economic Update The Netherlands (Engelstalig)

The contraction of the Dutch economy has been adjusted upwards by 0.1% point. Corrected for working day and seasonal effects, the real contraction in the fourth quarter was 0.6%. For 2012 as a whole, a negative real growth is expected of -¾%.

Conjunctuurbeeld

Economic Update The Netherlands (Engelstalig)

In the fourth quarter of 2011, the Dutch economy contracted by 0.7% in real terms compared to the previous quarter. As this was the second successive quarterly contraction, statistically, the Dutch economy is in recession.

Conjunctuurbeeld

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.

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.