The Conjuncture Clock is a tool for determining the state and development of the Dutch economy. The Conjuncture Clock brings together almost all important economic information published by CBS during the past month or quarter. The economic outlook according to the Conjuncture Clock is a macroeconomic picture and does not apply equally to all households, companies, or regions.
Consumers and producers were less negative in October than in the previous month. Producer confidence was above the average of the past twenty years, while consumer confidence was below it.
In August 2025, households consumed 1.1 percent more than in August 2024 (corrected for price changes and shopping days). They bought both more goods and services.
The volume (working day corrected) of goods exports was 0.4 percent larger in August than in August 2024. The growth is smaller than a month earlier. Especially more raw materials, (basic) metal products, and transport equipment were exported.
In August 2025, the volume of investments in tangible fixed assets was 3.8 percent smaller than a year earlier. There was especially less investment in buildings and other road transport (trucks, trailers, vans, etc.) than a year earlier.
The calendar-adjusted production of the Dutch industry was at the same level in August as in August 2024. Corrected for seasonal and calendar effects, production in August rose by 1.7 percent compared to July.
In September, 3 fewer companies (including sole proprietorships) were declared bankrupt than in August, corrected for sitting days. That is a decrease of 1 percent.
In September 2025, prices of existing owner-occupied homes were on average 7.0 percent higher than a year earlier. Compared to August 2025, the average price level remained the same in September.
In September 2025, there were 409 thousand unemployed. This was 4.0 percent of the labor force aged 15 to 75, the highest percentage in four years. The number of unemployed has increased by an average of 8 thousand per month over the past three months.
Employees and self-employed worked a total of over 3.7 billion hours in the third quarter. Corrected for seasonal influences, this is 0.2 percent more than in the previous quarter.
At the end of the third quarter, there were 387 thousand vacancies open, a decrease of 2 thousand. The number of vacancies has been declining almost every quarter for three years.
The turnover of employment agencies and labor mediation was 0.3 percent lower in the second quarter of this year than in the same quarter of 2024.
According to the first estimate by CBS, gross domestic product (GDP) rose by 0.4 percent in the third quarter of 2025 compared to the second quarter. The increase in GDP in the third quarter of 2025 is mainly due to exports and government consumption.
Great! Unfortunately, it is not free to keep Openrijk running. A cup of coffee would therefore be greatly appreciated :) Thank you!
On Tuesday, November 4, 2025, the kickoff meeting of the National Dialogue will take place at Madurodam The Hague. It wa...
