Investing.com -- The economic growth in the Netherlands, the Eurozone's fifth-largest economy, is predicted to be more robust this year than previously anticipated. This forecast adjustment comes as wage growth is expected to counterbalance the ongoing high inflation, according to a statement released by the economic policy adviser CPB on Wednesday.

The CPB now anticipates the Dutch economy to expand by 1.9% in 2025, an improvement from its September forecast which projected a growth of 1.5% for the year. Additionally, the CPB has maintained its growth forecast for 2026 at 1.5%.

The revised forecast indicates a positive trend in the Netherlands' economy, with wage growth playing a crucial role in offsetting the effects of high inflation. This development is significant as it shows the resilience of the Dutch economy amidst current economic conditions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.