Financial News: Dutch Q4 GDP Growth Confirmed At 0.4%

Dutch Q4 GDP Growth Confirmed At 0.4%

03/26/2025 - 04:54:00 (RTTNews)

(RTTNews) - The Dutch economy expanded slowly as initially estimated in the final quarter of 2024, the latest data from the Central Bureau of Statistics showed on Wednesday.

Gross domestic product rose 0.4 percent sequentially in the fourth quarter, following a 0.8 percent increase in the third quarter. That was in line with the flash data published on February 14.

The overall growth in the fourth quarter was mainly attributable to the trade balance and investments, and consumption also made a positive contribution, the agency said.

Considering demand components, gross fixed capital formation, or investment, grew at an accelerated pace of 2.8 percent versus a 0.3 percent gain in the September quarter.

A favorable trade balance was seen in the fourth quarter as exports climbed 0.5 percent amid a 0.3 percent fall in imports.

Household and government expenditure grew by 1.0 percent and 0.9 percent, respectively, compared to the previous quarter.

On a yearly basis, GDP growth improved to 1.9 percent from 1.7 percent in the third quarter. In the flash report, the rate of growth was 1.8 percent.

Data showed that the growth rate for the whole year 2024 was 1.0 percent, revised upwardly from 0.9 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Eurozone Inflation Expectations Unchanged: ECB Survey (16 min(s), 38 sec(s) ago)
(RTTNews) - Euro area consumers' inflation expectations for the next 12 months and three years ...Full Story»

German Unemployment Rate Rises In March (30 min(s), 38 sec(s) ago)
(RTTNews) - German unemployment increased more than expected in March as economic downturn continu ...Full Story»

Mexico Jobless Rate Falls To 2.5% (26 min(s), 38 sec(s) ago)
(RTTNews) - Mexico's unemployment rate decreased in February after rising in the previous mont ...Full Story»

U.S. Consumer Sentiment Slumps More Than Previously Estimated In March (03 min(s), 38 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. fell by more than previously estimated in the month of ...Full Story»

Brazil Jobless Rate Rises To 6.8% (02 min(s), 38 sec(s) ago)
(RTTNews) - Brazil's unemployment rate decreased in the three months ending February, figures ...Full Story»

N. Macedonia Retail Sales Rise 1.2% In February (45 min(s), 38 sec(s) ago)
(RTTNews) - Retail sales in North Macedonia grew in February led by the increased demand for food ...Full Story»

Ireland Retail Sales Rise 0.7% (34 min(s), 38 sec(s) ago)
(RTTNews) - Ireland's retail sales increased in February after remaining flat in the previous ...Full Story»

Cyprus Industrial Production Growth Improves In January (25 min(s), 38 sec(s) ago)
(RTTNews) - Cyprus' industrial production rose for a second straight month and at a faster pac ...Full Story»