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Inflation expected to stabilize at 2%, with room for wage increases

Dutch economy growing faster than expected; 3.8% growth this year

The Dutch economy is growing faster than expected, the Bureau for Economic Policy Analysis said in its draft macro-economic surveys on Friday. The economy is expected to grow 3.8 percent this year, and 3.2 percent next year. The national budget deficit will amount to 5.3 percent this year, and 1.8 percent next year. That is slightly lower than the June …

The Dutch economy will grow slightly less than previously expected this year due to the ongoing coronavirus pandemic. For this year, the CPB expects the Dutch economy to grow by 2.2 percent. Next year, the economy will strengthen further and CPB expects a growth of 3.5 percent. Now the CPB expects that unemployment will peak next year with over 400 …

The Dutch economy will contract 4.2% this year, slightly less than expected, the government’s macro-economic think-tank CPB said in its latest forecasts. However, the CPB said, the second coronavirus wave will mean the recovery next year will be slower than forecast earlier. Unemployment will increase to more than 6% in 2021, affecting particularly young people, employees on a flexible employment …

The government's third support package for companies means that unemployment will rise somewhat less rapidly next year than previously expected, increasing to 5.9 percent instead of last month's expectation of 6.5 percent, according to central planning office CPB. Government aid is mainly ending up with people with permanent employment, increasing inequality in the Netherlands, the CPB said in its Budget …

Dutch economy expected to grow again next year, Covid-19 effects to linger