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Netherlands year-end review 2023: Dealing with circular economy

03 Jan '24
16 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In April, 7 of 13 Dutch economic indicators surpassed long-term trends.
  • Consumer confidence improved slightly but remained below the 20-year average, while producer confidence declined.
  • February's exports grew by *.*% but manufacturing output fell by *%*.
  • Netherlands initiated Extended Producer Responsibility (EPR) for textiles in July.

**pt;">Statistics Netherlands (CBS) reported * out of the ** indicators in the Business Cycle Tracer performing above their long-term trend in April – the month when economic climate in the country was more negative than in March. Though the consumer in April felt slightly better than in previous month, the confidence was well below the long-term average over the past two decades. During the month, the producer confidence also deteriorated despite being above its long-term average. Earlier in February, the working-day adjusted total volume of goods exports was up *.* per cent, y-o-y. The average daily output of the manufacturing industry was * per cent lower than in February ****, while in January, it contracted *.* per cent.

**.*pt;line-height:***%;mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:Calibri;mso-bidi-theme-font:minor-latin;mso-fareast-language:EN-IN">EPR introduced

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