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INSTANT VIEW-Dutch Q3 GDP slips below forecasts

AMSTERDAM, Nov 12 (Reuters) - The Dutch economy contracted 0.1 percent in the third quarter of 2010 compared with the previous three months, and second-quarter growth was a revised 0.9 percent, Statistics Netherlands said on Friday. Year-on-year, gross domestic product (GDP) rose 1.8 percent in the third quarter after 2.2 percent in the second quarter. Economists surveyed by Reuters had expected quarterly growth of 0.5 percent, with forecasts in a range of 0.2 percent to 0.7 percent. Following are comments from economists on the figures: NICO KLENE, ABN AMRO "There has been a sharp swing in the stock effects, while there was a sharp increase in stock replenishments in the second quarter it is negative this quarter so the change is huge. "This also led to a decline in imports, which is positive, but there was a drop in corporate investments as well that weighed." Keywords: ECONOMY/DUTCH (Amsterdam newsroom +31 20 504 5000; fax +31 20 504 5040; amsterdam.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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