Netherlands Business Confidence October 2019

Netherlands

Netherlands: Business sentiment improves slightly in October

October 28, 2019

Manufacturers’ sentiment in the Netherlands rose from 3.3 in September to 3.6 in October, remaining above the long-term average over the past 20 years of 1.0 and above the neutral 0-mark that separates optimism from pessimism.

The marginal uptick in October was largely driven by more upbeat views on expected output levels, while negativity regarding stocks of finished goods softened. However, outlooks on order books moderated somewhat.

FocusEconomics Consensus Forecast panelists see fixed investment growing 1.5% in 2020, which is unchanged from last month’s forecast. For 2021, the panel expects fixed investment to expand 1.5% again.


Author:, Economist

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Netherlands Business Confidence October 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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