Dutch GDP Growth Beats Estimates

The Dutch economy expanded 0.6 percent on quarter in the first three months of 2015, better than a preliminary estimate of 0.4 percent, but below 0.9 percent reported in the last quarter of 2014.

Gross fixed capital formation was revised up as private investment in buildings and infrastructure came better than anticipated. Also, private consumption and exports contributed more to the growth. 

Figures for the fourth quarter of 2014 were also revised to show the economy expanded 0.9 percent insread of initial 0.8 percent. 

Year-on-year, the GDP grew 2.5 percent in the first quarter of 2015, compared to a preliminary estimate of 2.4 percent. While business investment surged 10.6 percent, public investment shrank 2 percent. Private spending increased 1.7 percent but government consumption showed no growth. Exports went up 4.8 percent and imports rose 2.9 percent. 

Dutch GDP Growth Beats Estimates

Joana Taborda | joana.taborda@tradingeconomics.com
6/24/2015 12:07:41 PM