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12:39 GMT
13
Feb 2009

Dutch GDP Declines In Q4

(RTTNews) - Friday, Netherlands’s Central Bureau of Statistics announced that the gross domestic product or GDP decreased 0.6% year-over-year in the fourth quarter, after rising 1.9% in the third quarter. This was the first decline of GDP in more than five years.

On a sequential basis, the GDP dropped 0.9% in the fourth quarter, compared with a 0.3% rise in the previous quarter.

In 2008, the GDP grew 2% from the previous year.

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Posted in Categories: Economy, Eurozone, Releases.

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