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Exports Radar shows mixed picture
February’s Exports Radar shows some improvements and one deterioration. January’s Exports Radar also showed a mixed picture. In the second half of 2011, circumstances for Dutch exports had obviously deteriorated.
Since the publication of January’s Exports Radar, new data have become available for all indicators. Two indicators showed obvious improvement; producer confidence in Germany improved and the decline of the real effective exchange rate was more substantial than in the preceding month. The growth of German manufacturing output, on the other hand, slowed down considerably. Opinions of Dutch and European manufacturers on their foreign order positions hardly changed. Producer confidence in the eurozone remained unchanged.
Export conditions were far less favourable in February than one year previously.
Explanatory notes Exports Radar
