Netherlands Business Confidence December 2017

Netherlands

Netherlands: Business confidence slips in December

December 29, 2017

Confidence in the Dutch manufacturing sector slipped to 8.9 in December, down from the previous month’s multi-year high of 9.1. The indicator remained nonetheless firmly entrenched above the crucial zero-point mark that separates optimism from pessimism among Dutch firms. It was also significantly above the long-term average of 0.7 points over the past two decades.

The decrease in manufacturers’ business sentiment was driven by slightly reduced optimism about future output in the quarter ahead. Firms’ view on order books and stocks of finished products, however, improved somewhat. All subcomponents and subsectors remained in positive territory for the 13th consecutive month. In December, manufacturers in the wood and construction subsector were once again the most optimistic.

FocusEconomics Consensus Forecast panelists see fixed investment growing 4.0% in 2018, which is up 0.2 percentage points from last month’s forecast. For 2019, the panel expects fixed investment to expand 2.8%.


Author:, Economist

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Netherlands Business Confidence December 2017 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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