Netherlands Business Confidence November 2019

Netherlands

Netherlands: Business sentiment moderates in November

November 28, 2019

Confidence among Dutch manufacturers decreased in November from 3.6 in the prior month to 2.8. However, the index remained above the long-term average over the past 20 years of 1.0 and north of the neutral zero-threshold that separates optimism from pessimism.

The downtick came on the back of less rosy views on business expectations and order books. Meanwhile assessments of stocks of finished goods worsened as well, and a majority of manufacturers consider their stocks of finished goods to be too large. However, the majority of goods-producers continued to expect a rise in production in the next three months and see their order positions as strong.

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 November 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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