The external sector continues to support the Dutch recovery, with May exports increasing 17.1% over the same month last year, which came in above the 12.0% expansion seen in April. Although a major share of exports corresponds to the so-called re-exports (imports, upon which little or no value is added), developments in the manufacturing sector confirm the notion of a rebound, as manufacturing output accelerated from a subdued 1.0% year-on-year expansion in April to a 2.6% increase in May. Imports picked up as well, increasing 13.7%, which marked a significant improvement compared to the 7.1% expansion tallied over the previous month. However, the print fell short of the 17.9% average growth observed in first quarter, pointing to a slower recovery on the domestic front. In the same vein, business confidence dropped for the fourth consecutive month in July, plummeting to minus 2.2 points, which marked the lowest level since March. Simultaneously, consumer sentiment inched down again, falling to its lowest level since December.
Netherlands Business Confidence
Business confidence tumbles to lowest level since March
July 3, 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
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.