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Netherlands' economy shrinks by 0.2% in Q2 2023

In this second estimate, the trade balance was slightly boosted while investments were adjusted downwards. The contraction is primarily due to a decline in trade balance and household consumption. Despite these adjustments, the overall economic landscape remains unchanged.

CBS conducts the second estimate ** days following the end of each quarter.  Historically, the adjustment in the second estimate compared to the first has averaged around *.* percentage points over the last five years. The extremes of -*.* and *.* occurred in ****, CBS said in a press release.