apply
aspects
avoid
avoiding
bilateral
case
concluded
contained
countries
country
does
double
foreign
general
include
income
international
large
netherlands
number
pertaining
place
profits
provision
provisions
resident
second
situations
source
specific
tax
taxation
taxed
taxpayers
treaties
treaty
twice
unilateral
ways
2001
Dutch retail outlook 2008
04.02.2008
After an excellent 2006, with Dutch retail sales growing by 5.3 percent, 2007 showed a slowdown in growth with 3.8 percent. ING Economics Department predicts a further decrease in sales growth in 2008 to 3.0 percent.
Turnover in food- and non-food retail will increase with the same percentage. The further slowdown of retail sales growth is directly related to the declining growth in consumer expenditure and the uncertain economic situation. In 2008 higher energy bills and heavier healthcare contributions will put household spending power under further pressure. On the other hand, high employment and potentially considerable pay rises (in collective labour agreements) contribute to a more positive outlook.
Source: ING Economics Department
