AMSTERDAM (Reuters) – Economic growth in the Netherlands will be stronger than previously expected this year, as wage growth offsets persistently high inflation, economic policy adviser CPB said on Wednesday.
The euro zone’s fifth largest economy is set to grow 1.9% this year and 1.5% in 2026, the CPB said. Its previous outlook in September had projected 1.5% growth for both years.
The Dutch economy grew 0.9% last year, after a short recession in 2023 had ended a strong post-pandemic boom.
Consumer spending is expected to grow around 2.5% this year and next, the government’s main economic adviser said, as wages outpace inflation, even as consumer prices are seen to rise 3.2% on average this year and 2.4% in 2026.
(Reporting by Bart Meijer; Editing by Peter Graff)
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