Business sentiment fell in October to lowest level since December 2009. The seasonally adjusted producer confidence indicator elaborated by the Central Bureau of Statistics (CBS) dropped to minus 7.7 points from minus 6.7 points in September, contrasting market expectations that had anticipated the index rising to minus 6.4 points. With the monthly drop, the index moved further below the 0-point threshold that separates optimistic from pessimistic sentiment. According to the CBS, businesses were much more pessimistic about their output prospects in the next three months as well as regarding their order positions. In addition, manufacturers were slightly more pessimistic about employment in the near term. On the other hand, opinions regarding stocks of finished products remain virtually unchanged over the previous month.
Netherlands Business Confidence
Business confidence falls to lowest level since 2009
October 25, 2012
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Netherlands Business Confidence Chart
Note: Value of producer confidence indicator index. The 0-point threshold separates optimistic from pessimistic sentiment.
Source: Statistics Netherlands (CBS).
Netherlands Economic News
October 20, 2016
Dutch consumer sentiment rose markedly in October.
October 3, 2016
The NEVI Manufacturing Purchasing Managers’ Index (PMI), produced by IHS Markit and NEVI, decreased marginally from 53.5 in August to 53.4 in September.
September 29, 2016
The producer confidence indicator, which measures Dutch manufacturers’ sentiment, increased from August’s 1.2 to 3.4 in September, according to the Central Bureau of Statistics (CBS), thus moving further above the 0-point threshold that separates optimistic from pessimistic sentiment. According to the CBS, the improvement reflected that producers had become more positive regarding order books and future output over the next three months but less positive about their stocks of finished products.
September 23, 2016
Dutch economic growth held steady in the second quarter of the year on the back of robust fixed investment, while lackluster performance in the external sector and subdued household and government consumption dragged on the overall result.
September 20, 2016
Dutch consumer sentiment improved notably in September.