In an interview on BNR Nieuwsradio, Bas ter Weel of the Dutch Central Bank explained the Spring Forecast 2026, saying the Dutch economy is cooling, mainly because of geopolitical tensions and higher energy prices. He said growth this year has been driven largely by government spending, which has helped support activity but also creates challenges for the public finances. The interview also highlighted that inflation has come in higher than previously forecast, partly because of rising energy prices, although the effect has been less severe than in earlier energy crises. Looking ahead, the central bank expects the economy to recover after the dip in 2026 if energy prices stabilize and uncertainty declines, with consumption, investment and exports playing a larger role in growth.
De Nederlandsche Bank2026-06-16
The Dutch Central Bank outlines cooling Dutch economy and higher inflation in Spring Forecast interview
In a BNR Nieuwsradio interview on the Spring Forecast 2026, the Dutch Central Bank said the Dutch economy is cooling as geopolitical tensions and higher energy prices weigh on growth. It said inflation has been higher than previously forecast and that government spending has been the main support for growth so far. The bank expects growth to recover after 2026 if energy prices stabilize and uncertainty eases.