Netherlands Business Confidence


Netherlands: Businesses stay optimistic in August, despite slight moderation in sentiment

August 25, 2015

The producer confidence indicator, which measures Dutch manufacturers’ sentiment, receded from July’s 3.7 to 3.5 in August, according to the Central Bureau of Statistics (CBS). This marks a second consecutive moderation, after confidence hit an over-four-year high in June. Despite the slowdown, the index remained well above the 0-point threshold that separates optimistic from pessimistic sentiment.

According to the CBS, August’s moderation mainly reflected that Dutch producers were less positive regarding their output in the next three months. However, their assessment of their future output still rested well above the long-term average. While manufacturer’s opinion regarding their order books was virtually unchanged in August, they assessed their stocks of finished products more positively than in July.

For 2015, FocusEconomics Consensus Forecast panelists see fixed investment growing 5.6%, which is up 0.4 percentage points from last month’s forecast. For 2016, the panel expects fixed investment to expand 3.1%.

Author: Teresa Kersting, Economist

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Netherlands Business Confidence Chart

Netherlands Business Confidence August 2015

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

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