Dutch inflation has risen steeply recently, despite unprecedented cuts in energy taxes and VAT, to a record high of 17% in September 2022. Energy has been by far the major driver of the inflation surge, but inflation has been broadening in 2022, with food price rises above 10% since July and...

Since 1994, the Economics Department of the OECD calculates structural budget balance indicators using potential output estimates based on a production function approach. The results are published twice a year in the OECD Economic Outlook and are also used regularly for the annual surveys of the...