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Articles for Abn, search results for inflation

Dutch economy should grow 1.5% next year, but inflation will remain high, says ABN Amro
3 weeks, 2 days ago

Dutch economy should grow 1.5% next year, but inflation will remain high, says ABN Amro

NL Times  

The Dutch economy will continue to grow in the next two years although the pace of this will slow slightly. American import duties will slow the growth somewhat in the second half of next year. In 2025, growth will reach 1.5 percent, after which this will slow down due to the introduction of American import duties. But historically high wage …

Dutch Netherlands Grow Cpb Amro Abn
ABN Amro says it is time to end high wage increases
1 month ago

ABN Amro says it is time to end high wage increases

NL Times  

ABN Amro has stated that it is time to end the higher salary increases for employees as compensation for inflation. After this, the wage increase needs to be connected to an increase in labor productivity,” ABN Amro stated. Recently, a Dutch chairman of the International Monetary Fund also said that caution is required when it comes to strong wage increases. …

Inflation Increase Higher Wages
Dutch economy to grow slightly this year despite recession: ABN Amro
1 year, 3 months ago

Dutch economy to grow slightly this year despite recession: ABN Amro

NL Times  

ABN Amro expects the Dutch economy to grow slightly by 0.5 percent this year. Rising interest rates due to central bank interest rate increases also have a slowing effect because, for example, it makes borrowing more expensive. In addition, the European Central Bank’s target for inflation of 2 percent remains out of sight, according to ABN Amro. ABN Amro also …

Economy Dutch Bank Dutch Economy This Year Amro Abn
No recession, but little growth for Dutch economy this year: ABN Amro
1 year, 9 months ago

No recession, but little growth for Dutch economy this year: ABN Amro

NL Times  

The Dutch economy will not shrink this year, but its growth will slow down, ABN Amro expects. The bank predicts that the economy will grow 1.2 percent this year and 1.3 percent next year. Over the past two years, the Dutch economy grew more than 4 percent per year. The bank expects that consumer prices will rise by 4.4 percent …

Economy Dutch Bank Dutch Economy This Year
Dutch housing prices will fall 10 percent over two years, says ABN Amro
1 year, 10 months ago

Dutch housing prices will fall 10 percent over two years, says ABN Amro

NL Times  

Home prices in the Netherlands will fall 10 percent in the coming two years, 6 percent in 2023, and 4 percent in 2024, ABN Amro expects. This is because mortgage interest rates have risen sharply while disposable income is under pressure from inflation,” ABN Amro economist Philip Bokeloh said. The higher mortgage interest rates mean people can borrow less on …

Prices Amro Abn
ABN Amro: Netherlands can expect recession, but turnaround will lead to 2023 growth
2 years ago

ABN Amro: Netherlands can expect recession, but turnaround will lead to 2023 growth

NL Times  

The high inflation and rising interest rates are putting pressure on the Dutch economy, which will therefore wind up sliding into a recession. Because wages will also continue to rise and the government is limiting energy costs, consumers will likely start spending more starting in the second quarter next year. Despite that, experts at ABN Amro still think that consumer …

Interest Rates Next Year
ABN Amro raising savings account interest rate slightly along with ING, Rabobank
2 years, 2 months ago

ABN Amro raising savings account interest rate slightly along with ING, Rabobank

NL Times  

ABN Amro has announced that it will increase the savings account interest rate as of 1 December. According to the bank’s CEO, Robert Swaak, this step means that "we are returning to more normal waters.” ING will apply the same interest rate from 1 December for savings balances of up to 10,000 euros from all private customers of the bank, …

Interest Rates Account Million Euros Private Savings
Netherlands price rises increasingly persistent, widespread: ABN Amro
2 years, 4 months ago

Netherlands price rises increasingly persistent, widespread: ABN Amro

NL Times  

High energy prices are making more and more products and services in the Netherlands more expensive, and the price increases are becoming more persistent, economists at ABN Amro said in response to new inflation figures from Statistics Netherlands. ABN Amro’s experts believe that energy prices will remain high until the end of 2023. “We assume that this can take until …

Netherlands Inflation Prices Price This Year Energy Prices Temporary Reduction