Financial News: Dutch Q1 GDP Growth Revised Higher

Dutch Q1 GDP Growth Revised Higher

06/24/2025 - 02:59:00 (RTTNews)

(RTTNews) - The Dutch economy expanded more than initially estimated in the first quarter of 2025, the latest data from the Central Bureau of Statistics showed on Tuesday.

Gross domestic product rose 0.4 percent sequentially in the first quarter, following an upwardly revised 0.5 percent increase in the fourth quarter of 2024. In the flash estimate, the rate of increase for the March quarter was only 0.1 percent.

The overall growth in the March quarter was mainly attributable to household consumption and a smaller reduction in inventories, the agency said.

On the expenditure side, government consumption grew 0.5 percent, and household consumption was 0.4 percent higher compared to the previous quarter.

Meanwhile, gross fixed capital formation contracted by 2.3 percent. Exports rose 0.1 percent, while imports were 0.1 percent lower.

The annual growth in GDP improved to 2.2 percent from 2.0 percent in the fourth quarter. The first quarter growth was revised from 2.0 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Russia Slashes Interest Rates Again On Easing Price Pressures (01 hr(s), 47 min(s), 49 sec(s) ago)
(RTTNews) - Russia's central bank lowered the key interest rate massively for a second policy ...Full Story»

UK Retail Sales Rebound As Warm Weather Boosts Spending (03 hr(s), 14 min(s), 49 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted consumer spending but consum ...Full Story»

Eurozone Bank Lending Growth Improves (04 hr(s), 07 min(s), 49 sec(s) ago)
(RTTNews) - Eurozone bank lending increased at a faster pace in June despite trade tariff concerns ...Full Story»

Russia Central Bank Cuts Interest Rate By 200 Bps (05 hr(s), 08 min(s), 49 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate by 200 basis points on Friday cit ...Full Story»

German Business Sentiment Strongest In More Than A Year (05 hr(s), 46 min(s), 49 sec(s) ago)
(RTTNews) - German business confidence improved to the highest level in more than a year in July d ...Full Story»

French Consumer Sentiment Improves Marginally (06 hr(s), 36 min(s), 49 sec(s) ago)
(RTTNews) - French consumer confidence improved marginally in July, monthly survey results from th ...Full Story»

Singapore Industrial Production Recovers In June (08 hr(s), 07 min(s), 49 sec(s) ago)
(RTTNews) - Singapore's industrial production growth accelerated in June, figures from Economi ...Full Story»

UK Retail Sales Recover In June (09 hr(s), 04 min(s), 49 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted food and non-food store sale ...Full Story»