Exchange Rate in Netherlands
Netherlands - Exchange Rate
A preliminary reading of national accounts data showed that economic growth in the third quarter slowed markedly on weakening domestic demand, partly due to a high base effect. Data for the fourth quarter, meanwhile, has been largely positive. In November, the manufacturing PMI continued to point to a robust expansion in the sector. Despite this, softer growth in output and employment led the headline figure to drop from the prior month, marking the weakest improvement in business conditions in over two years. Unemployment also continued to fall to near-decade lows through October. While this bodes well for continued robust growth in private consumption, it is likely causing labor shortages in the economy and could constrain output growth. Furthermore, business confidence improved markedly on more optimism regarding business expectations despite lingering uncertainties over Brexit and global trade tensions. For its part, consumer confidence remained firmly entrenched in optimistic territory, despite easing for the fourth consecutive month due to a less rosy outlook on the economy in the year ahead.Netherlands - Exchange Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | 1.38 | 1.21 | 1.09 | 1.05 | 1.20 |
Netherlands Exchange Rate Chart
Source: Thomson Reuters.
Netherlands Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.33 | 5.70 % | Jan 11 |
| Exchange Rate | 1.15 | 0.65 % | Jan 14 |
| Stock Market | 495 | -0.57 % | Jan 14 |
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Economic News
Netherlands: PMI rises in December
January 2, 2019
In December, the manufacturing Purchasing Managers’ Index (PMI), produced by NEVI and IHS Markit, rose to a three-month high of 57.2 from 56.1 in November.
Netherlands: Business confidence jumps in December
December 28, 2018
Business confidence in the manufacturing sector increased from 7.2 in November to 7.5 in December, reaching a six-month high at the close of the year.
Netherlands: Economic growth slows to over two-year low in the third quarter
December 24, 2018
A second reading of national accounts data released on 24 December confirmed that the economy lost steam in the third quarter, with GDP expanding 0.2% over the previous period (Q2: +0.7% quarter-on-quarter).
Netherlands: Consumer confidence continues to moderate at the close of the year
December 21, 2018
Consumer confidence eased for the fifth month running in December, with the confidence index dropped from 13 in November to 9 in December.
Netherlands: Manufacturing conditions improve at the softest clip in over two years in November
December 3, 2018
The manufacturing Purchasing Managers’ Index (PMI), produced by NEVI and IHS Markit, dropped from 57.1 in October to 56.1 in November.
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