Dutch economy grows by almost 3%

The Dutch Statistics Office (CBS) published second quarter GDP figures for the Netherlands. The Dutch economy expanded by 0.7% compared to the first quarter. Relative to the same quarter a year earlier the economy expanded by 2.9%. Growth has been around 3% in the Netherlands over the last two years or so.

Economic activity has been driven in part by fixed investments, such as real estate or machinery. These strengthened by 5.3% in comparison to the second quarter of 2017. Private consumption growth has been 2.2% over the same period.

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