| Dutch economic growth is slowing down as a result of negative foreign developments. Unemployment will reach its lowest level in 2019, but will still also be exceptionally low next year. Purchasing power will see a positive development in 2020, due to both the increase in real wages and cost reductions. The government budget will remain in surplus, but this surplus will be reduced. This is concluded in the Macro Economic Outlook 2020 (MEV), which has just been published by CPB Netherlands Bureau for Economic Policy Analysis. The annual MEV forms the macroeconomic foundation for the Dutch Governmentâs Budget Memorandum. |
