Onderzoek
Netherlands Economic Market Dynamics, Q3 2024
Summary and analysis of The Netherlands current economic market conditions.
november 06, 2024
Contributors:
- Sven Bertens
- Floor Beeren
- Jerrel King
- Evan Henneberry
- Tilly Spierings
Inflation in The Netherlands increased slightly over Q3, reaching 3.5%, however Eurozone inflation continued to fall and stands at 1.8% for September.
The ECB has cut rates by 25 bps in September and October, with the deposit rate now standing at 3.25%; further cuts throughout the rest of year are not off the table.
Unemployment in The Netherlands remained stable at 3.7%, well below the long-term average of 5.7%.