Exchange Rate in Netherlands
Netherlands - Exchange RateThe Dutch economy made a hesitant start to the year, with growth evaporating on the back of falling household consumption and moderating investment growth. During the second quarter, the data points to a two-speed economy. On one hand, business confidence rose to its highest level since November 2021 in April, while the manufacturing PMI showed that operating conditions continued to improve during the month. On the other hand, consumer sentiment deteriorated significantly during April and May, with inflation remaining in double digits during April. This is likely to constrain household spending during the quarter, despite a further tightening of the labor market in April. Meanwhile, the European Commission recently listed tax distortions, the housing market, the pension system and the green-energy transition as key issues for the government to address.
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||-0.06||5.70 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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November 29, 2022
Business confidence rebounded to 3.0 in November from October's 2.5.
November 21, 2022
Consumer confidence came in at minus 57.0 in November, improving slightly from October’s all-time low of minus 59.
November 17, 2022
Harmonized inflation decelerated to 16.8% in October, following September’s 17.1%.
November 15, 2022
According to the first quarterly estimate, GDP dropped 0.2% on a seasonally adjusted quarter-on-quarter basis in the third quarter, contrasting the 2.4% expansion recorded in the second quarter.
November 1, 2022
The NEVI Manufacturing Purchasing Managers’ Index (PMI), produced by S&P Global, fell to 47.9 in October from 49.0 in September.