Dutch preliminary GDP growth eases to 1.3% year-over-year

The Netherlands' non-seasonally adjusted reading edged below the prior 1.4%, pointing to a modest softening in the growth trend.

Summary

Dutch preliminary gross domestic product grew 1.3% year-over-year on a non-seasonally adjusted basis, down slightly from the previous 1.4% reading. With no forecast cited for comparison, the update points mainly to a mild loss of momentum rather than a surprise against expectations. The latest figure suggests the Netherlands' growth trend is softening at the margin.

Terms & Concepts
  • GDP: Gross domestic product, a broad measure of economic output.
  • non-seasonally adjusted: Data not modified to remove regular seasonal patterns.