Economic growth will reach 2.5% next year, says government think-tank

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The Dutch economy will continue to grow next year but the rate of growth will ease, the government’s macro-economic think-tank CPB said in a preliminary report on Thursday.

The CPB puts next year’s growth at 2.5%, down slightly on the 2.8% forecast for 2018. Unemployment will continue to fall and will reach 3.5%, its lowest level since 2001, the CPB said.

Trade conflicts that could lead to a trade war have become starker, the CPB said. ‘The risk of a hard Brexit is increasing by the day. Economic policy in Italy and a slowdown in growth in a number of emerging economies, such as Turkey, all carry a certain amount of uncertainty for the eurozone.’

The full report will be published on September 18 along with the government’s 2019 spending plans.





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