Netherlands: Business confidence moderates again but remains in positive territory in March
March 25, 2015
The producer confidence indicator, which measures Dutch manufacturers’ sentiment, declined from 2.0 points in February to a six-month low of 1.4 points in March, according to the Central Bureau of Statistics (CBS). This marks the third drop after three consecutive increases. However, the index still remains above the 0-point threshold that separates optimistic from pessimistic sentiment.
According to the CBS, March’s slight deterioration resulted from the fact that producers were more negative about their future output. Conversely, manufacturers assessed their order books and their stocks of finished products more positively than in the previous month.