Exchange Rate in Netherlands
Netherlands - Exchange RateEconomic growth was stable in the third quarter, and the Dutch economy consequently grew at twice the speed of the Euro area average. Domestic demand drove the economic expansion in the quarter, buttressed by public consumption and stock building. In contrast, household expenditure growth slowed markedly, although this was likely largely the consequence of an unsupportive base effect in the prior quarter. Meanwhile, the external sector’s performance moderated, as accelerating import growth outpaced exports. Turning to the final quarter of this year, the manufacturing sector remained depressed in October, with the sector’s PMI falling to an over six-year low, as output fell for the first time since April 2013 and job creation moderated. On the other hand, consumer and business confidence levels ticked up in the same month, although consumer sentiment remained in pessimistic territory.
Netherlands - Exchange Rate Data
|Exchange Rate (vs USD)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Netherlands Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||-0.57||5.70 %||Sep 03|
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||563||-0.57 %||Sep 04|
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November 14, 2019
A preliminary reading of national accounts data showed that the economy expanded 0.4% quarter-on-quarter in the third quarter, matching the result recorded in the prior quarter and double the Euro area average.
November 1, 2019
Dutch manufacturing conditions improved at the weakest pace in over six years in October, with the NEVI Manufacturing Purchasing Managers’ Index (PMI) dropping to 50.3 from 51.6 in September.
October 28, 2019
Manufacturers’ sentiment in the Netherlands rose from 3.3 in September to 3.6 in October, remaining above the long-term average over the past 20 years of 1.0 and above the neutral 0-mark that separates optimism from pessimism.
October 22, 2019
Sentiment among Dutch consumers improved marginally in October as the index rose from minus 2 in September to minus 1 in October.
October 1, 2019
The NEVI Manufacturing Purchasing Managers’ Index (PMI), produced by IHS Markit, was stable at August’s 51.6 in September.