Downturn starts to bite, industrial sales slump The economic downturn is beginning to bite in the Netherlands with manufacturers reporting a fall in turnover of a record 14% in November 2008, according to new figures from the national statistics office CBS on Tuesday. This is the biggest annual decrease since the beginning of the 1990s when figures were first recorded, the CBS says. The fall was 3% month-on-month. Manufacturing output was also down 6% in November. This is ‘a very sharp... read more
