Dutch economic growth improved as initially estimated in the three months ended March, final figures from the Central Bureau of Statistics showed Friday.
Gross domestic product advanced 0.5 percent quarter-on-quarter in the first quarter, faster than the 0.2 percent stable rate of expansion in the fourth quarter of 2015.
The growth rate was the same as the first calculation published on 13 May.
This was the eighth consecutive quarter of growth. The latest rise was mainly driven by consumption, investment and exports.
On an annual basis, economic growth accelerated to 1.5 percent in the March quarter from 1.4 percent in the previous quarter. The preliminary result for the period was 1.4 percent.
The material has been provided by InstaForex Company – www.instaforex.com