AMSTERDAM (Reuters) -Economic growth in the Netherlands slowed to 0.1% in the second quarter, as consumer spending dropped, the Dutch national statistics agency said on Wednesday. Consumer spending
Netherlands Sees Economic Growth Slow to 0.1% Amid Consumer Spending Drop
AMSTERDAM (Reuters) -Economic growth in the Netherlands slowed to 0.1% in the second quarter, as consumer spending dropped, the Dutch national statistics agency said on Wednesday.
Consumer spending fell 0.4% in the April-June period, as less money was spent on clothing and in restaurants and bars. Exports increased by 0.9%, but were outpaced by the growth of imports.
The euro zone's fifth largest economy had expanded by 0.3% in the first three months of 2025 from the previous quarter.
It is expected to grow 1.7% over the whole of 2025, up from 1.1% last year but slower than previously expected, government policy adviser CPB said earlier this month.
(Reporting by Bart Meijer; Editing by Andrew Heavens)
