Netherlands Business Confidence October 2020


Netherlands: Business confidence sours in October

October 29, 2020

Business confidence fell to minus 5.6 in October from September's minus 4.8. As a result, the index moved further below the 0-threshold, separating pessimism from optimism among businesses.

October’s downturn largely reflected manufacturers’ more pessimistic assessment of expected output compared to the previous month. Meanwhile, firms’ views on their order position turned less negative, and their perception of their stock of finished products grew more positive.

Consensus Forecast panelists see fixed investment expanding 2.6% in 2021, which is down 0.3 percentage points from last month’s estimate, and 3.8% in 2022.


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Netherlands Business Confidence Chart

Netherlands Business Confidence October 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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