Netherlands Business Confidence April 2017

Netherlands

Netherlands: Business confidence continues to increase in April

April 26, 2017

The producer confidence indicator, which measures Dutch manufacturers’ sentiment, rose from 7.8 in March to 8.3 in April, according to the Central Bureau of Statistics (CBS). The result marked an over nine-year high and was further above the 0-point threshold that separates optimistic from pessimistic sentiment.

According to the CBS, the improvement reflected producers’ more positive views regarding future output and their stocks of finished products. On the other hand, they were slightly more negative about order books over the next three months. In terms of specific sectors, producers in the wood and construction industry were the most optimistic, followed by those in the textiles, clothes and leather industry.

For 2017, FocusEconomics Consensus Forecast panelists see fixed investment growing 3.5%, which is up 0.3 percentage points from last month’s forecast. For 2018, the panel expects fixed investment to expand 3.1%.


Author: Massimo Bassetti, Economist

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Netherlands Business Confidence Chart


Netherlands Business Confidence April 2017

Note: Value of producer confidence indicator index. The 0-point threshold separates optimistic from pessimistic sentiment.
Source: Statistics Netherlands (CBS).


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