Netherlands Business Confidence September 2019

Netherlands

Netherlands: Business sentiment eases in September

September 27, 2019

Dutch manufacturers became less upbeat in September, with the confidence index dropping from 3.9 in August to 3.3 in September and reaching the joint-lowest reading since November 2016. However, confidence levels remained above the long-term average of 1.0 over the past 20 years.

September’s moderation in sentiment was mainly driven by a worsening outlook on stocks of finished goods, as the majority of manufacturers consider their inventory levels to be too high. This offset more optimism regarding order books and unchanged views on business expectations. The majority of goods-producers expect production to pick up in the next three months.

FocusEconomics Consensus Forecast panelists see fixed investment growing 4.4% in 2019, which is unchanged from last month’s forecast. For 2020, the panel expects fixed investment to expand 1.7%.


Author:, Economist

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Netherlands Business Confidence Chart


Netherlands Business Confidence September 2019

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


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