A river under the bridge in the Netherlands

Netherlands PMI April 2022

Netherlands: Manufacturing sector conditions improve at a stronger pace in April

The NEVI Manufacturing Purchasing Managers’ Index (PMI), produced by S&P Global, rose to 59.9 in April from 58.4 in March. Consequently, the index moved further above the neutral 50-threshold that separates improving from deteriorating business conditions compared to the prior month.

The stronger improvement came on the back of accelerating growth in output and new orders. New orders were buoyed by firmer demand for consumer goods. While output increased at a stronger clip, supply shortages and delays remained constraints on production. Moreover, supply chain issues drove a significant increase in input price inflation. As a result, output prices rose at a record pace. More positively, manufacturers increased headcounts as employment grew strongly in order to accommodate greater workloads and backlogs.

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