Dutch economic growth set to fall below 1% next year – ABN AMRO

Nico Klene, senior economist at ABN AMRO, suggests that Dutch economic growth held up well in the first two quarters of this year, but they foresee a  |  11/09/2019 10:32

Nico Klene, senior economist at ABN AMRO, suggests that Dutch economic growth held up well in the first two quarters of this year, but they foresee a drop-off in the second half.

Key Quotes

“The decline can be blamed on slackening growth in exports, private consumption and investment. Exports are being hit by the meagre expansion of global trade, while consumers are contending with a smaller increase in disposable income.”

“Added to this, the further escalation of the US-China trade conflict is undermining the world economy, compelling us to once again reduce our estimates for global growth. As a corollary, the 2020 growth forecast for the Netherlands has been cut from 1.1% to 0.9% – mainly due to slowing export growth and business investment.”

Share

Popular News

Show More Popular News

TheFXApp's Views

TheFXApp analyses will provide both fundamental and technical comprehensions on finance
and other asset classes for TheFXApp viewers

Back

Login to TheFXApp Account

Your TheFXApp account gives you access to the tools that we offer our customers including our
Technical Studies & Sentiment for your accounts.

Forgot Password?

Don't you have a TheFXApp account? With a few easy steps you can easily register to TheFXApp

Create a TheFXApp's Account

Your TheFXApp account gives you access to the tools that we offer our customers including our Technical Studies & Sentiment for your accounts.

register_ty

Thank you!

Welcome to TheFXApp family!

You have succesfully completed the registration.
We will send you an e-mail to give you some
instructions and our Terms and Conditions!
Our account representatives will be contacting you as
soon as possible. If you have any further questions
please do not hesitate to mail us via info@thefxapp.com