Netherlands PMI


Netherlands: PMI inches up in January

February 2, 2015

The NEVI Manufacturing Purchasing Managers’ Index (PMI), which is produced by Markit and NEVI, increased from December’s 53.5 to 54.1 in January, marking an improvement following the drop in December. As a result, the PMI index moved further above the 50-threshold that separates expansion from contraction in business conditions.

According to Markit Economics, January’s improvement came on the back of rising output and an increase in new orders. In addition, Markit noted that backlogs of work continued to decline and employment increased, while input and output prices fell.

FocusEconomics Consensus Forecast panelists see fixed investment rising 2.5% in 2015, which is unchanged from the previous month’s estimate. For 2016, the panel expects fixed investment to increase 2.4%.

Author: Teresa Kersting, Economist

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Netherlands PMI Chart

Netherlands PMI January 2015 1

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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