Economic growth is picking up in the first quarter – NU.nl

This reports the Central Bureau of Statistics (CBS) Friday in a first calculation. Compared to the first quarter of 2015, the growth was 1.4 percent.

This last figure was 0.7 percentage points lower due to the decrease in natural gas production. According to CBS economist Peter Hein van Mulligen says this drop anything about the strength of the Dutch economy.

According to CBS, the growth is broad-based. Consumption, investment and exports make a positive contribution.

In the fourth quarter of 2015 the economy grew by 0.3 percent from the previous quarter. Throughout 2015, the Dutch economy grew by 1.9 percent

. <- Block |! Infographic end ->

Consumers spent more on services like catering, recreation and culture. It was further spending on electrical appliances, food and decorating the house.

Companies tasks include money in transportation. For instance, spent more on trucks, trailers, cars and airplanes. Also invested enterprises more in computers and software

. <- Block |! Article link end ->

Export

The balance of the imports and exports contributed negatively to growth. There was more imported than exported in the first quarter. Netherlands instance, exported more electrical machinery and petroleum.

Exports grew in the first three months of this year as hard as in the fourth quarter of last year. The Dutch goods exports growth remained behind the so-called re-exports, exports of imported products.

Dutch companies exported more than conveying a year earlier. The export of gas, machinery and equipment other hand, shrank. Netherlands imported goods in addition also more services from

|

Door. <- - Block article link end>: NOW. com