Dutch businesses are cutting back on spending, with investments down 3.8% in May compared to last year—following a similar dip in April. While sectors like buildings, infrastructure, and machinery saw declines, airplane spending rose, highlighting a mixed picture. This reverses March’s 2.4% growth, hinting at shifting business confidence. Unadjusted for working days—May had two fewer—this trend may reflect both economic caution and sector-specific momentum, especially in aviation.
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