Consumer confidence is well below the long-term average over the past two decades in the country. Producer confidence has hardly changed in February and is above its long-term average.
Households spent 9.9 per cent more in December 2022 year on year, adjusted for price changes and differences in the shopping-day pattern. They spent almost 20 per cent more on services, but 0.6 per cent less on goods. A lockdown was in effect in the second half of December 2021.
In December last year, the total volume of goods exports (adjusted for working days) was up by 4.7 per cent year on year.
The average daily output of the Dutch manufacturing industry in December was 0.5 per cent higher than in December 2021. Manufacturing output grew considerably less rapidly in the last months of 2022 than before.
The number of corporate bankruptcies, adjusted for court session days, has decreased. There were 35 fewer bankruptcies in January this year than in the previous month—a decrease of 13 per cent. The number of bankruptcies remained low compared to the period before the outbreak of coronavirus.
ALCHEMPro News Desk (DS)
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