Netherlands Business Confidence March 2021

Netherlands

Netherlands: Business confidence rises to over one-year high in March

March 31, 2021

Business confidence jumped to 3.4 in March from February’s 0.1. As such, the index moved further above the neutral zero-threshold that separates optimism from pessimism among businesses. Moreover, March’s print marked a 13-month high and came in markedly above the long-term average of 0.2 over the past 20 years.

The uptick was driven by increased optimism regarding business expectations and order books. On the other hand, views on stocks of finished goods were unchanged.

Consensus Forecast panelists see fixed investment expanding 1.4% in 2021, which is unchanged from last month’s estimate, and 4.0% in 2022.


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Netherlands Business Confidence March 2021 0

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


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