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Netherlands : Time for new prime

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The Dutch economy grew by 3.4% yoy in 2017 Q1, the highest growth since the 2008 financial crisis. All economic key figures are showing growth: government investments +1.6%; household consumption +1.6%; exports +4.7% and private investments +6.7%.

The unemployment rate stood at 5.4% in March from 6.7% in the same month a year ago. House prices increased by 8.8% yoy in 2017 Q1. Compared to the bottom in June 2013, prices are up 21% on average, almost at the same level as just before the crisis.

Producer confidence stands at +14.7 in 2017 Q1, also the highest since the 2008 financial crisis. Producer confidence has now been positive for 3.5 years in a row. Consumer confidence stood at +16, the highest since 2000.

Source : Savills

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Keywords : Savills