CBS: Economic growth weakens Financial

A quarter earlier, the Dutch economy had grown by 0.7%. According to Chief Economist Peter Hein van Mulligen, the weakening of growth results from the fall in investments. ,, And this has to do with activities in the construction industry. The major catch-up in this sector has been, we see that fewer buildings are being built. "

Van Mulligen adds that the marked weakening of economic growth is incidental. ,, We still assume a growth of About 3% on an annual basis This quarter is still incidental for the moment Confidence indicators are still positive so we do not have to worry. "

Consumer Assistance

] The slight growth recorded in the last quarter is mainly due to household consumption and foreign trade.

For example, consumers more than 2% more than the same quarter the year before. They spent more on cars, electrical appliances and services such as catering, transportation and communications.

Investments increased by 2%, compared to 5% in the previous quarter. Investments were mainly made in homes, corporate buildings, passenger cars and machinery. In addition, companies spent more on trucks, trailers, and so on.

Exports also increased by 2%. Dutch companies mainly exported more machinery and transport equipment.