RTTNews - Tuesday, the Netherlands' Central Bureau of Statistics said in a report that the business confidence rose 0.1 points to minus 17.3 in May, compared to the minus 17.4 in April. Economists had predicted a reading of minus 16.8. A year ago, the confidence reading was 3.3.
This was the third consecutive month of increase in business confidence. In February, the confidence indicator was minus 22.9, the lowest level since 1985.
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