Netherlands Enters First Recession Since Pandemic as Inflation Bites – Top Speed News
Last Updated: August 16, 2023, 14:19 IST The Dutch economy has entered a recession as it shrank 0.3% on a quarterly basis in the second quarter, a first estimate published by Statistics Netherlands on Wednesday showed. The euro zone’s fifth-largest economy shrank for the second consecutive quarter, after a 0.4% contraction in the first three…