Netherlands PMI


Netherlands: PMI inches up again in July

August 1, 2014

The NEVI Manufacturing Purchasing Managers’ Index (PMI), which is produced by Markit and NEVI, inched up from 52.3 in June to 53.5 in July. Following the moderate decline recorded in June, the PMI index again rose further above the 50-threshold that separates expansion from contraction in business conditions.

According to Markit, “Dutch manufacturing sector business conditions strengthened in July,” and the reading was, “indicative of a solid rate of improvement.” An expansion was recorded in manufacturing output, new domestic and export orders, employment and purchasing activity. In addition, stocks of finished products and outstanding business fell in July. Both input prices and prices charged for finished products increased and delivery times lengthened.

FocusEconomics Consensus Forecast panelists see fixed investment rising 4.6% in 2014, which is down 0.1 percentage points from the previous month’s estimate. For 2015, the panel expects fixed investment to increase 3.1%.

Author: Teresa Kersting, Economist

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Netherlands PMI Chart

Netherlands PMI July 2014 0

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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