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Dutch manufacturers again less confident

Staff Writer |
According to Statistics Netherlands (CBS), confidence among Dutch manufacturers stood at 8.2 in April, down from 9.5 in March.

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Confidence deteriorated for the second consecutive month. However, the confidence indicator remains well above its long-term average over the past two decades (0.8).

In April, manufacturers were again less positive about their future output than in the previous month.

Business confidence reached an all-time high (10.9) in February 2018 and an all-time low (-23.5) in February 2009. Since October 2014, optimism has prevailed among Dutch manufacturers.

In April, Dutch manufacturers were less positive about their future output than one month previously. They were also less positive about the stocks of finished products. However, their mood about the order books improved.

All component indicators of producer confidence have been positive for over a year now. Manufacturers anticipating output growth over the next three months outnumber those expecting output decline.

More manufacturers consider the number of received orders to be large rather than small, given the time of year.

There are also more manufacturers who define their stocks of finished products as too small rather than too large.

For more than one year now, optimism has prevailed across all subsectors of the manufacturing industry.

Producers in the wood and building materials industry were most positive in April.

Manufacturers in the metal, electrotechnical, machinery, food and petroleum industries were less positive than in the previous month.


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