The economy of the Netherlands has contracted for two straight quarters, statistics show The Dutch economy has entered a recession after falling for two consecutive quarters, Statistics Netherlands (CBS) revealed on Wednesday. The Eurozone’s fifth largest economy shrank 0.3% quarterly between April and June, after a 0.4% contraction in the first three months of the year. The Netherlands is facing its first recession since the pandemic, driven by weak exports and lower household consumption, as surging inflation pushed up food prices and energy bills, according to CBS. Dutch economic growth reached almost 5% per
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