Dutch Q4 economic growth unexpectedly accelerates to 0.6%

Kitco Media
By Reuters
Published:
Updated:
Reuters
AMSTERDAM, Feb 14 (Reuters) - Economic growth in the Netherlands unexpectedly accelerated to 0.6% on a quarterly basis in the fourth quarter of last year as consumer spending remained strong despite surging inflation. Economists in a Refinitiv poll on average had predicted the economy would shrink 0.1% in the last three months of 2022, following a contraction of 0.2% in the third quarter. The euro zone's fifth largest economy grew 4.5% over the whole of 2022, helped by a strong recovery from COVID-19 lockdowns in the first half of the year. (Reporting by Bart Meijer; Editing by Alex Richardson)

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