Netherlands PMI


Netherlands: PMI moderates in February

March 2, 2015

The NEVI Manufacturing Purchasing Managers’ Index (PMI), which is produced by Markit and NEVI, decreased in February from January’s 54.1 to 52.2, marking the worst result in five months. However, the PMI index still remains well above the 50-threshold that separates expansion from contraction in business conditions.

According to Markit Economics, February’s moderation resulted from slower growth of output and new orders. In addition, employment dropped and stocks of purchases fell at a faster pace than in the previous month. Input and output prices both fell compared to January.

FocusEconomics Consensus Forecast panelists see fixed investment rising 3.4% in 2015, which is up 0.9 percentage points from the previous month’s estimate. For 2016, the panel expects fixed investment to increase 3.0%.

Author: Teresa Kersting, Economist

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Netherlands PMI Chart

Netherlands PMI February 2015

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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