Off the wire
• 1st LD: China to improve Internet speed, cut fees  • Economist Esther Duflo named winner of Spain's Princess of Asturias Social Sciences Award  • Belgian gov't party receives death threats over new policy  • Two Al-Shabaab militants executed in Mogadishu  • Indonesian president plays down Australia's aid budget cut  • Chinese company works on 250 mln U.S dollar Namibia's port terminal  • Kenya plans to connect 70 pct consumers with electricity by 2017  • China offers veterans greater chances to graduate school  • U.S. retail sales flat as consumers reluctant to splurge  • German children largely satisfied with friends: study  
You are here: 　 Home

Dutch economy grows for fourth consecutive quarter

Xinhua, May 13, 2015 Adjust font size:

The Dutch economy increased for the fourth quarter in a row, the Dutch Central Bureau of Statistics CBS announced Wednesday.

According to preliminary calculations by the CBS, the economy in the first quarter of 2015 grew by 0.4 percent compared to the previous quarter. Compared to the first quarter of 2014 the growth percentage was 2.4.

The figures are, according to the CBS, the result of positive developments in consumption, exports and investments.

"The economic growth continues and is becoming more broad-based," Minister Henk Kamp of Economic Affairs said in a statement.

"Companies invest more, exports continue to rise and consumers spend more. The government wants to give more space to entrepreneurs by reducing costs, addressing unnecessary rules and improve lending. In this way, we can jointly ensure that the economy can grow more," he added. Endit