Kingdom of the Netherlands–The Netherlands: 2024 Article IV Consultation-Press Release; and Staff Report
Electronic Access:
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Summary:
The economy has cooled, but signs of overheating remain. After two years of strong recovery, growth decelerated in 2023, reflecting the energy shock, tighter financial conditions, and a slowdown in key trading partners, particularly Germany. Still, core inflation remains elevated, reflecting a tight labor market, robust wage growth, and healthy profit margins. Fragmented results in November elections are leading to a prolonged government formation, with possible implications for pro-growth and climate policies.
Series:
Country Report No. 2024/085
Subject:
Fiscal policy Fiscal stance Inflation International organization Labor Labor markets Labor shortages Monetary policy Prices
Frequency:
regular
English
Publication Date:
April 8, 2024
ISBN/ISSN:
9798400271724/1934-7685
Stock No:
1NLDEA2024001
Format:
Paper
Pages:
78
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