Interest Rate in Netherlands
Netherlands - Interest RateThe economy likely emerged from recession in Q3, although conditions remained fragile. Retail trade turnover plunged in August, while consumer and business confidence levels remained entrenched in pessimistic territory, which will have capped both household and capital expenditure. Nevertheless, manufacturing operating conditions improved in the quarter. Turning to Q4, further storm clouds gathered on the horizon in recent weeks, with a surge in new Covid-19 cases leading to renewed containment measures. The new restrictions announced in mid-October have seen cafes, bars and restaurants close their doors for four weeks, while travel has been severely restricted and social gatherings limited once again. These measures will derail recently regained momentum in the final quarter of a bleak year for the economy.
Netherlands - Interest Rate Data
|Policy Interest Rate (%)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Netherlands Interest Rate Chart
Source: European Central Bank.
|Bond Yield||-0.06||5.70 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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January 4, 2021
Business confidence rose to minus 0.4 in December from November's minus 3.8.
Netherlands: Manufacturing operating conditions improve at the strongest clip in over two years in November
January 4, 2021
Manufacturing conditions in the Netherlands improved at a much sharper pace at the close of 2020, with the NEVI Manufacturing Purchasing Managers’ Index (PMI) rising to 58.2 in December from 54.4 in November.
December 21, 2020
Consumer sentiment turned less pessimistic at the close of the year, with the consumer confidence index rising to minus 20 in December from minus 26 in November.
Netherlands: Manufacturing operating conditions improve at the strongest clip in nearly two years in November
December 3, 2020
The NEVI Manufacturing Purchasing Managers’ Index (PMI), published by IHS Markit, rose to a 22-month high of 54.4 in November from 50.4 in October.
November 27, 2020
Business confidence rose to minus 3.8 in November from October's minus 5.6.