The Dutch economy grew by 0.7% in the second quarter of 2014, compared with the first, the national statistics office CBS said on Wednesday.
In August, the CBS put the growth figure at 0.5%, quarter on quarter. The upward revision is due to higher estimates for consumer spending and more investment by industry.
Year on year, the Dutch economy grew by 1.1%, not 0.9% as the CBS said earlier.
Nevertheless, the government’s deficit has increased sharply compared with 2013. Lower income and higher spending pushed the state debt to €9.4bn. This means the national debt was around 3% of GDP by July, the maximum permitted under eurozone regulations, the CBS said.
Definitive figures will be published at the end of March next year.
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