Headquarters of Rabobank in Utrecht. © anp.
For the first time in years, all sectors of Dutch industry will show growth again next year. This is not only an upturn in exports and rising investment, but also by a slight increase in consumer spending. That concludes Rabobank in a report published today.
The sectors that were heavily in recent years, such as retail, hospitality and automotive, to benefit in 2015 from the recovering economy, with growth rates of between 0.8 and 2.5 percent. “This good news partly mitigated the pain of the past few years, but the sector still face fundamental challenges,” say the researchers.
Reclining
“The does not mean that SME entrepreneurs can sit back. Increasing competition, the emergence of e-commerce and blurring propose entrepreneurs fundamental challenges, “said Paul Dirks, Director Business at Rabobank in a statement.
Rabobank forecasts that growth next year will be the greatest when directed at foreign sectors such as wholesale trade (3.2 percent), construction (3 percent), industry (2.8 percent) and transport (1.9 percent). “International markets remain a better chance than the domestic market,” says Dirks.
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