ANNUAL ADVERTISING RATES FOR INSURE-DIGEST

Annual Advertisement Rates

Friday, December 16, 2016

The Netherlands: Dutch economy back to pre-crisis levels: Government - The Economic Times

The Dutch economy has grown by 2.1 percent this year the government's economic think tank said on Tuesday, thereby recovering to pre-financial crisis levels.

"With one quarter to go, 2016 has been a special year for economic recovery," The Hague-based Central Planning Office (CPB) said in a statement.

"Production per capita is back to 2008 levels following double dips in 2009 and 2012-13," the CPB said, adding that the last time Europe's sixth-largest economy showed such growth after a sustained crises period was back in the 1980's .

Unemployment also fell, from 6.9 percent to 6.0 percent, in 2016 with a further dip to 5.3 percent predicted for next year -- but remains well above the 4.0 percent unemployment figure of 2008.

The CPB said improved growth was mainly due to a rise in consumer spending, with a thaw in the housing market.

For the complete report click here