Inflation in the Netherlands rose sharply in November to 4 percent on an annual basis, Statistics Netherlands reported in a quick estimate. Food, beverages, and tobacco prices rose sharply again this month by 6.2 percent compared to a year earlier. Dutch inflation based on the European harmonized calculation method rose to 3.8 percent in November, from 3.3 percent in October. …
Confidence in the economy of the entire European Union has risen for the third month in a row. The Netherlands lagged somewhat behind the growing confidence compared to other major economies in the E.U. By contrast, in the European Union’s two largest economies, Germany and France, sentiment became considerably more positive with respective increases of 2.5 and 4.4 points. Entrepreneurs …