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.
- Format
- Paper
- Frequency
- regular
- ISBN
- 9798400271724
- ISSN
- 1934-7685
- Pages
- 78
- Published in
- United States of America
- Series
- Country Report No. 2024/085
- StockNumber
- 1NLDEA2024001