Dutch GDP Growth Revised Up in Q2



The Netherlands’ GDP advanced 0.7 percent quarter-on-quarter in the April to June period, rebounding from a revised 0.3 percent contraction in the previous quarter, mainly driven by exports.

Final growth figures for the second quarter came better than a preliminary estimate of a 0.5 percent expansion, due to upward revisions in household consumption and fixed investment. 

Year-on-year, the economy expanded 1.1 percent in the three months to June, up from a preliminary 0.7 percent increase. Private consumption grew 0.2 percent (rebounding from a 1 percent drop in the first quarter) while government expenditure stagnated. Business investment increased at a slower 1.3 percent but government investment rose 3.3 percent. Exports advanced 4.3 percent and imports increased 3.4 percent. 

Dutch GDP Growth Revised Up in Q2


CBS | Joana Taborda | joana.taborda@tradingeconomics.com
9/24/2014 9:40:15 AM