Netherlands Business Confidence August 2020

Netherlands

Netherlands: Business confidence improves but remains pessimistic in August

August 28, 2020

Business confidence rose to minus 5.4 in August from July's minus 8.7. August's result marked the best performance since March. As such, the index moved closer to the 0-threshold, but still indicated pessimism among businesses.

The uptick in sentiment was driven by less negativity regarding order books and stocks of finished goods. On the other hand, producers were more downbeat regarding output.

Consensus Forecast panelists see fixed investment contracting 7.7% in 2020. For 2021, the panel expects fixed investment to increase 3.7%.


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Netherlands Business Confidence August 20 20

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


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