25.12.2015 Views

Holland Compared

hollandcompard_summer2015_LR

hollandcompard_summer2015_LR

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Moderate<br />

inflation<br />

Average annual inflation (2006-2013)<br />

Switzerland 0.4<br />

1.5<br />

Ireland 1.1.6<br />

Sweden 1.7<br />

1.6<br />

France 2.0<br />

1.8<br />

Germany 1.8 2.1<br />

Netherlands 2.2<br />

Euro area 2.2<br />

Denmark 2.3<br />

Austria 2.4<br />

1.9<br />

2.0<br />

2.0<br />

2.2<br />

Belgium 2.32.6<br />

Average annual price increases as a percentage.<br />

Source: Eurostat, 2014.<br />

The Netherlands enjoys a good reputation in monetary terms. Long<br />

before the introduction of the euro, price rises in the Netherlands were<br />

at a moderate level, thanks to sound monetary policies on the part of DNB<br />

(the Dutch central bank). The product and labour markets also operate<br />

relatively well, which helps to moderate price increases. According to the<br />

IMD (2014), the Netherlands ranks third worldwide in the fight against<br />

unfair competition.<br />

20 Macro indicators

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!