ad

CBS: Dutch people have slightly more to spend

CBS: Dutch people have slightly more to spend

Statistics Netherlands reports that household disposable income rose by 0.7 percent in the second quarter of the year, driven by wage growth and higher benefit payments. Conversely, total mortgage debt reached 948 billion euros, and the income of self-employed workers saw a slight decline.

According to the latest data from Statistics Netherlands (CBS), the average disposable income for Dutch households increased by 0.7 percent during the second quarter compared to the same period last year. This growth is primarily attributed to rising wages and a higher number of people in employment, as well as an increase in benefit payments. While many households experienced a boost, the income of self-employed individuals saw a decline of 2.2 percent during this time frame.

The report also highlighted that pension payouts rose, partly driven by adjustments related to the transition to the new national pension system. Despite the overall growth in household income, the nation's total mortgage debt climbed to 948 billion euros, marking an increase of 12 billion euros from the previous quarter. This debt total currently represents approximately 80 percent of the size of the Dutch economy, reflecting ongoing financial trends across the country.

Based on reporting by ad. Translated and condensed by LocalHeadlines.

Related articles

New strike in regional transport: fewer buses and trains on Thursday

New strike in regional transport: fewer buses and trains on Thursday

Regional transport workers in the Netherlands are set to hold another strike this Thursday, leading to reduced bus and train services. This action is part of an ongoing dispute over a new collective labor agreement, with unions planning weekly walkouts until Christmas if negotiations remain unresolved.

Not selling out is not a death blow for festival: 'But be careful not to price yourself out of the market'

Not selling out is not a death blow for festival: 'But be careful not to price yourself out of the market'

Festival organizations in the Netherlands faced a challenging summer marked by extreme weather, rising operational costs, and fluctuating ticket sales. Despite these significant hurdles, industry professionals remain optimistic due to the sector's inherent creativity and ability to adapt to difficult circumstances.

Gall & Gall and Etos websites back online, apps remain unreachable

Gall & Gall and Etos websites back online, apps remain unreachable

The websites for Gall & Gall, Etos, and Albert Heijn are back online following a recent cybersecurity incident at Ahold Delhaize, though some app features and delivery services remain restricted. While the investigation into the cause is ongoing, the company has confirmed no current evidence of data theft and normal supply chain operations have resumed.

Number of cybersecurity companies more than quadrupled in five years

Number of cybersecurity companies more than quadrupled in five years

The number of registered cybersecurity companies in the Netherlands has quadrupled since 2021, reaching 962 by October 2024. This rapid growth is driven by increasing cyber threats and regulatory changes, highlighting the ongoing challenge for organizations to protect their digital systems.

Low incomes spend more on childcare: can make a ten-euro monthly difference

Low incomes spend more on childcare: can make a ten-euro monthly difference

Childcare organizations in the Netherlands are increasingly charging rates that exceed government subsidies, placing a greater financial burden on low-income families. Experts warn that these rising costs could reduce childcare accessibility for children who would benefit most from early development services.