Kingdom of the Netherlands–The Netherlands: 2024 Article IV Consultation-Press Release; and Staff Report

April 8, 2024

Preview Citation

Format: Chicago

Kingdom of the Netherlands–The Netherlands: 2024 Article IV Consultation-Press Release; and Staff Report, (USA: International Monetary Fund, 2024) accessed November 21, 2024

Summary

The economy has cooled, but signs of overheating remain. After two years of strong recovery, growth decelerated in 2023, reflecting the energy shock, tighter financial conditions, and a slowdown in key trading partners, particularly Germany. Still, core inflation remains elevated, reflecting a tight labor market, robust wage growth, and healthy profit margins. Fragmented results in November elections are leading to a prolonged government formation, with possible implications for pro-growth and climate policies.

Subject: Fiscal policy, Fiscal stance, Inflation, International organization, Labor, Labor markets, Labor shortages, Monetary policy, Prices

Keywords: Consultation cycle, Core inflation persistence, EMU aggregate, Europe, Fiscal stance, Government Finance statistics yearbook, IMF staff calculation, Inflation, Labor markets, Labor shortages

Publication Details

Pages:

78
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2024/085
Stock No:

1NLDEA2024001
ISBN:

9798400271724
ISSN:

1934-7685

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