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Dutch economic picture less negative in Nov 2025: CBS

02 Dec '25
2 min read
Dutch economic picture less negative in Nov 2025: CBS
Pic: Shutterstock

Insights

  • The Dutch economic picture was less negative in November than in October, Statistics Netherlands' business cycle tracer shows.
  • For November, 10 of the 13 indicators were below their long-term trend.
  • GDP rose by an estimated 0.4 per cent quarter on quarter in Q3 2025, mainly due to exports and public consumption.
  • Consumers were less negative in November than in October, but producer confidence was lower.
The Dutch economic picture was less negative in November this year than in October, according to the business cycle tracer of Statistics Netherlands (CBS). In the tracer for November, 10 of the 13 indicators were below their long-term trend.

The tracer is a tool used to monitor the state of the Dutch economy.

According to the first CBS estimate, gross domestic product (GDP) increased by 0.4 per cent quarter on quarter (QoQ) in the third quarter (Q3) this year. The growth was primarily attributed to exports and public consumption.

Consumers were less negative in November 2025 than in October, but producer confidence was lower. Consumer and producer confidence were both below the long-term average for the past 20 years, a CBS release said.

Adjusted for price changes and the shopping-day pattern, household spending was 0.8 per cent higher year on year (YoY) in September 2025.

In September 2025, the total volume of goods exported (adjusted for the number of working days) was up by 2.6 per cent YoY.

The calendar-adjusted output of the Dutch manufacturing sector in the month was 2.1 per cent higher YoY. After adjusting for seasonal and calendar effects, manufacturing output rose by 0.1 per cent month on month (MoM).

The number of unemployed persons rose by an average of 8,000 per month over the past three months.

ALCHEMPro News Desk (DS)

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