Dutch Economy Grew 0.6% in Q3, Driven by Manufacturing Industry
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12 Articles
Consumers are suffering from rising prices, and heavy industry is groaning under the burden of expensive energy. Yet the economy appears to be running like clockwork. How is that possible? "The growth ASML is experiencing is truly gigantic."
It is good that economic growth remains resilient despite geopolitical tensions, but the Netherlands must be careful not to take this for granted. This is what Minister of Economic Affairs Heleen Herbert (CDA) said in response to the latest growth figures published by Statistics Netherlands (CBS) on Friday.
Dutch economy grew 0.6% in Q3, driven by manufacturing industry
The Dutch economy grew by 0.6 percent in the third quarter, compared to the previous quarter, Statistics Netherlands (CBS) reported on Friday, based on provisional figures. The manufacturing industry made the strongest contribution to the growth. Year-on-year, the economy grew by 1.2 percent.
The Dutch economy has continued to grow unexpectedly strongly over the past few months. The manufacturing sector performed particularly well, with production and exports of machinery abroad. Industry accounted for half of the total economic growth of 0.6 percent in the third quarter compared to three months earlier, reports Statistics Netherlands (CBS) based on an initial calculation.
dagelijksestandaard.nl
THE HAGUE (ANP) - The Dutch economy has continued to grow unexpectedly strongly in recent months. The manufacturing sector performed particularly well with the production and export of machinery, especially to foreign countries. The manufacturing sector accounted for half of the total economic growth of 0.6 percent in the third quarter...
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