AMSTERDAM, Nov 18 (Reuters) - The Netherlands’ economic forecasting agency CBP on Monday said it expects GDP growth to slow to 1.1% annually for the 2022-2025 period, assuming nothing changes in the world economy or government policy.
The agency’s middle-range forecast, drawing on current trends, said an aging population would shrink the working-age population and hurt consumption as low interest rates mean workers will have to save more, and retirees may see pension cuts. (Reporting by Toby Sterling, editing by Louise Heavens)
