Interest Rate in Netherlands

Netherlands Interest Rate | Economic News & Forecasts

Netherlands - Interest Rate

The economy suffered slightly less from Covid-19 in Q1 than initially estimated, as household consumption and external demand fell at softer rates while fixed investment grew. Nevertheless, GDP still contracted at the quickest pace since the Global Financial Crisis. The economy likely performed worse in Q2 and entered the first technical recession in over eight years amid the full effect of restrictive measures. In May, the manufacturing PMI fell to an 11-year low and business sentiment remained deeply pessimistic, while industrial production and private consumption plummeted in April. Moreover, consumer sentiment was firmly pessimistic throughout the quarter. In better news, house price growth was the strongest in over a year in May, which could create a wealth effect and support household consumption somewhat. In addition, the lifting of lockdown measures from May and fiscal stimulus should be supporting activity in the tail end of the quarter.

Netherlands - Interest Rate Data

2015   2016   2017   2018   2019  
Policy Interest Rate (%)-     -     -     -     -     

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Netherlands Interest Rate Chart

Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Netherlands Facts

Value Change Date
Bond Yield-0.065.70 %Jan 01
Exchange Rate1.120.65 %Dec 31

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