Netherlands: Economic sentiment improves in September
Economic sentiment came in at 93.3 in September, up from August’s 93.0. Consequently, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected sentiment in the industrial sector and dampened sentiment in the construction sector. Meanwhile, confidence in the services sector was healthier in September, whereas sentiment in the retail sector waned in the surveyed month. Finally, consumer confidence waned in September.
Referring to indicators that are not used to calculate the index, employment expectations weakened, while the economic uncertainty index fell in September.