Netherlands Business Confidence May 2017


Netherlands: Business confidence drops in May

May 30, 2017

The producer confidence indicator, which measures Dutch manufacturers’ sentiment, fell from an over nine-year high of 8.3 in April to 6.1 in May, according to the Central Bureau of Statistics (CBS). The reading was nevertheless above the 0-point threshold that separates optimistic from pessimistic sentiment.

According to the CBS, the worsening reflected producers’ less positive views regarding future output, order books and stocks of finished products. In terms of specific sectors, producers in the textile, clothes and leather industry were the most optimistic, followed by those in the wood and construction 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 May 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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