The economy seems to be losing steam. In October, the seasonally adjusted producer confidence indicator elaborated by Statistics Netherlands (CBS) dropped from minus 0.5 points from minus 3.2 points. Owing to the decline, business sentiment now stands just a notch above the minus 3.3 points recorded in August, which had marked the lowest level in 18 months. According to CBS, ?manufacturers were much more pessimistic in October about both their order positions and future output than in September. Their opinions about their stocks also deteriorated, though to a lesser extent.? Furthermore, the number of respondents expecting employment to decrease in the next three months exceeded those expecting employment to improve. Meanwhile, the government projects the economy to expand 1.5% before moderating to 1.0% next year.
Netherlands Business Confidence
Business confidence falters in October
October 27, 2011
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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
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September 20, 2016
Dutch consumer sentiment improved notably in September.