dutch – Muhasebe News https://www.muhasebenews.com Muhasebe News Thu, 13 Apr 2023 07:16:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.4 Exports of the Netherlands up by almost 6 percent in February https://www.muhasebenews.com/en/exports-of-the-netherlands-up-by-almost-6-percent-in-february/ https://www.muhasebenews.com/en/exports-of-the-netherlands-up-by-almost-6-percent-in-february/#respond Thu, 13 Apr 2023 07:16:35 +0000 https://www.muhasebenews.com/?p=141628
In February 2023, the total volume of goods exports was up by 5.8 percent year on year, as reported by Statistics Netherlands (CBS). The increase was mainly seen in exports of petroleum products, machinery and appliances, and transport equipment. The volume of goods imports was up by 3.7 percent relative to February 2022.
The CBS Exports Radar indicates that circumstances for exports in April are more favourable than in February.

Conditions for exports in April more favourable

Every month, CBS also publishes updates on the circumstances for exports in the Exports Radar. Conditions are largely determined by developments on the main export markets for Dutch domestic products and in the competitive position of the Netherlands. Although the Radar indicators show a strong correlation with export activity, improved circumstances are not necessarily translated into increased export growth.


Source: Statistics Netherlands
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In February, Dutch inflation accelerated; at 8.0% https://www.muhasebenews.com/en/in-february-dutch-inflation-accelerated-at-8-0/ https://www.muhasebenews.com/en/in-february-dutch-inflation-accelerated-at-8-0/#respond Fri, 03 Mar 2023 08:16:36 +0000 https://www.muhasebenews.com/?p=139526
Statistics Netherlands (CBS) reports in a flash estimate that the CPI-measured inflation rate stood at 8.0 percent in February. The flash estimate was calculated on the basis of still incomplete source data. In January, consumer goods and services were 7.6 percent more expensive than one year previously. The regular consumer price index figures will be published on 14 March.
An inflation rate of 8.0 percent in February 2023 means that prices of consumer products were on average 8.0 percent higher than in February 2022. The 8.0-percent inflation rate is therefore not on top of the 7.6-percent inflation of January.

Price development of product groups

In addition to the CPI inflation rate, CBS also publishes the price development of a number of product groups as part of its flash estimate. Four groups together constitute total CPI expenditure. These include: non-energy industrial goods; energy including motor fuels; food, beverages and tobacco; and services.

New energy price measurement method

As from reporting month June 2023, in which the flash estimate will be published on 30 June, CBS will employ a new method to measure energy prices in the CPI. Under the current method, the price development of energy is measured on the basis of new energy contracts. The new method uses transaction data provided by energy suppliers, so that the tariffs paid under long-standing energy contracts can also be taken into account. This will result in a more accurate inflation rate. Today, CBS publishes an update on its research into the new method of measuring energy prices.


Source: Statistics Netherlands (CBS)
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


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Unemployment Rate in the Netherlands Increases To 3.6% https://www.muhasebenews.com/en/unemployment-rate-in-the-netherlands-increases-to-3-6/ https://www.muhasebenews.com/en/unemployment-rate-in-the-netherlands-increases-to-3-6/#respond Thu, 16 Feb 2023 07:28:39 +0000 https://www.muhasebenews.com/?p=138648 According to figures from the Central Bureau of Statistics, the Netherlands’ unemployment rate climbed marginally in January after reaching a six-month low in December.

The seasonally adjusted ILO unemployment rate for those between the ages of 15 and 75 increased from 3.5 percent in December to 3.6 percent in January.

The jobless rate was likewise 3.6 percent in the same month last year.

In January, there were 360,000 unemployed people, up from 352,000 the previous month.

The rate of unemployment for young people, defined as those between the ages of 15 and 25, increased from 7.5 percent to 7.8 percent in January.


Source: RTT News
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


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