Netherlands PMI

Netherlands

Netherlands: September PMI recovers slightly and signals moderate improvement in business conditions

October 1, 2014

The NEVI Manufacturing Purchasing Managers’ Index (PMI), which is produced by Markit and NEVI, inched up from August’s 13-month low of 51.70 to 52.2 in September. As a result, the PMI index moved a bit further above the 50-threshold that separates expansion from contraction in business conditions.

According to Market Economics, September’s figure reflected small improvements in several categories that compose the index. Output and new orders, particularly export orders, employment as well as the purchasing activity of Dutch manufactures increased. However, backlogs and stocks of finished products decreased while delivery times lengthened. Input and output prices both declined in September.

FocusEconomics Consensus Forecast panelists see fixed investment rising 1.4% in 2014, which is down 1.4 percentage points from the previous month’s estimate. For 2015, the panel expects fixed investment to increase 2.5%.


Author: Teresa Kersting, Economist

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Netherlands PMI Chart


Netherlands PMI September 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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