More good news on economic growth: CPB sees 2% rise this year

1000x1000pxThe government’s macro-economic think-tank CPB is the third institute to estimate Dutch economic growth at 2% this year.

The CPB said on Wednesday it expects the economy to grow 2% this year and 2.1% in 2016. Inflation will also rise to 1.2%, the CPB said.

The OECD and the Dutch central bank have also issued 2% forecasts for 2015. The central bank, however, predicts a slight slowdown to 1.8% in 2016.

The CPB says the official unemployment rate will fall from 7% this year to 6.7% in 2016.

The CPB’s June forecasts form the basis of the government’s spending plans for 2016 and beyond. Ministers will present their 2016 budgets on the third Tuesday in September.

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