Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Dutch Central Bank Says Recovery Continues, Raises Forecast

The Netherlands’ economic recovery will continue as growth stabilizes in the next two years, the Dutch central bank said as it raised its forecasts.

The Dutch economy, the fifth-largest in the euro zone, may expand 1.6 percent next year compared with a June estimate of 1.3 percent, the Amsterdam-based central bank said on its website today. It estimates 1.7 percent economic growth in 2012.

The bank forecast the economy to expand 1.7 percent this year compared with a previous estimate of 1.2 percent, after the economy shrank 3.9 percent in 2009. Private consumption growth will rise to 0.9 percent next year and 1.3 percent in 2012 from 0.2 percent this year.

“While export growth returns to more usual levels, private consumption increases,” the central bank, led by Nout Wellink, said. “Growth forecasts are accompanied by great uncertainty, taking into account that downward risks are dominant.”

The Bundesbank today raised its forecast for this year’s economic growth in Germany, the largest Dutch trading partner, to 3.6 percent, the fastest expansion since data for a reunified country began in 1992. Gross domestic product will expand 2 percent in 2011 and 1.5 percent in 2012, the Frankfurt-based central bank said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.