The Dutch economy grew just 0.1% in the third quarter of this year, making it unlikely full-year growth will meet the forecast 2%.
The national statistics office CBS also put third-quarter growth at 0.1% in its first estimates published in November. ‘If we want to hit 2%, then we need to book growth of between 0.5% and 1% in the final three months of the year,’ senior economist Peter Hein said at the time. ‘That is a lot, but not impossible.’
The lower than hoped third-quarter figure stems from disappointing exports due to a slow down in world trade.