Netherlands PMI

Netherlands

Netherlands: October PMI improves to three-month high

November 3, 2014

The NEVI Manufacturing Purchasing Managers’ Index (PMI), which is produced by Markit and NEVI, inched up from September’s 52.2 to 53.0 in October, the highest value in three months. As a result, the PMI index moved a bit further above the 50-threshold that separates expansion from contraction in business conditions.

According to Markit Economics, October’s improvement was mainly driven by rising production, new orders and employment. On the downside, stocks of purchases contracted. Input and output prices both fell again in October.

FocusEconomics Consensus Forecast panelists see fixed investment rising 1.2% in 2014, which is down 0.2 percentage points from the previous month’s estimate. For 2015, the panel expects fixed investment to increase 2.2%, which is down 0.3 percentage points from last month’s projection.


Author: Teresa Kersting, Economist

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Netherlands PMI Chart


Netherlands PMI October 2014

Note: NEVI Manufacturing Purchasing Managers’ Index. Readings above 50 indicate an expansion in the manufacturing sector while readings below 50 point to a contraction.
Source: Markit and NEVI.


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