Economists ING expect less economic growth in 2017 – NU.nl

The bank expects that the growth this year, slowing to 1.6 percent, after 2.2 percent last year. The lower growth is that the housing market stretched to switch back compared to the exuberant growth of the past time. Further, if the exportmotor, by the ailing trade.

Consumers remain, according to economists from ING a substantial contribution to the growth of the economy. Thanks to the increasing purchasing power and the continued low inflation, the consumption is expected this year and next by nearly 2 percent. Partly because it attracts economic growth in 2018, according to ING, again, to 1.9 per cent.

Unemployment

The unemployment rate increases, according to the bank securely, to 5.2 percent of the workforce this year and less than 5 percent in 2018. Last year, the unemployment rate is still an average of 6 percent.

The prognosis of ING is a little lower than that of the Central Planning bureau. The CPB expects for 2017 a growth of 2.1 percent. The bank and the planning bureau provide the same reduction of the unemployment rate.

Previously told an economist from ING all that the difference in growth between the CPB and ING for a large part is due to a correction for the leap year that the CPB be made.

By: ANP/NU.en