Netherlands Business Confidence

Netherlands

Netherlands: Business confidence increases to over-four-year-high in June

June 24, 2015

The producer confidence indicator, which measures Dutch manufacturers’ sentiment, rose from 4.1 points in May to 4.6 points in June, according to the Central Bureau of Statistics (CBS). Businesses have not been this confident since March 2011. As a result, the index moved further above the 0-point threshold that separates optimistic from pessimistic sentiment.

According to the CBS, June’s improvement resulted from the fact that manufacturers were more positive about their output in the next three months. In addition, producers also assessed their order books a bit more positively. Conversely, they were less optimistic about their stocks of finished products than in the previous month.

For 2015, FocusEconomics Consensus Forecast panelists see fixed investment growing 5.1%, which is up 0.3 percentage points from last month’s forecast. For 2016, the panel expects fixed investment to expand 2.8%.


Author: Teresa Kersting, Economist

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Netherlands Business Confidence Chart


Netherlands Business Confidence June 2015

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


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