This enables the Central Planning Bureau (CPB) on Tuesday. Besides the Brexit the further reduction of gas a dampening effect on economic growth in 2017.
This year, the CPB expects growth of 1.7 percent and 1.6 percent for next year. In June, the planning office foresaw a growth of 1.8 percent and 2.1 percent respectively.
The underlying recovery of the Dutch economy, or by, according to the CPB, but the uncertainty that the Brexit entails has short-term negative effects on consumption and investment.
the world is affected by it relevant to the Netherlands. In addition, the growth of the economy of the eurozone as a whole is muted by the Brexit. This amounts to 1.6 percent in 2016 and 1.5 percent in 2017.
The new estimate is “more uncertain than usual,” so soon after the British referendum on leaving the European Union, said the planning office.
Inflation
The CPB expects that inflation in the Netherlands this year and in 2017 will remain low. In 2016 it comes out at 0 percent. Next year, inflation will pick up to 0.5 percent.
The purchasing power of median household decreased from 2.7 percent this year to 0.7 percent in 2017. This is mainly due to the loss of the positive effects of the 5 billion in tax cuts and the light rising inflation.
Although the purchasing power of workers increases next year, decreases of benefit recipients and pensioners, the CPB expects.
The unemployment rate stabilized at 6.2 percent next year, according to the CPB. Companies will from the second half of this year is expected to be more cautious with hiring employees by uncertainty about the impact of Brexit. This has a knock back next year employment growth.
The general government deficit fell from 1.2 percent this year to 0.6 percent of gross domestic product (GDP) in 2017. While the realized tax revenues have grown rapidly, the increase in public expenditure remains moderate.
realistic
the Dutch economy continues to grow, but according to Minister Henk Kamp (Economic Affairs) to continue the matter realistically. He said in response to the estimates.
” Because of the intensive trade relations with the United Kingdom provides the Brexit uncertainty and thus have a noticeable effect on our growth, “said Camp.” “The international picture now forces us to be realistic. ”
The minister says that the government has worked hard in recent years to the economic recovery and will continue to do
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