Producer confidence; sentiment indicator manufacturing industry, branches
| Sector/branches (SIC 2008) | Periods | Producer confidence (%) | Producer confidence indicator components Expected activity (%) | Producer confidence indicator components Opinion on order books (%) | Producer confidence indicator components Stocks of finished products (%) |
|---|---|---|---|---|---|
| C Manufacturing | 2023 March | 4.0 | 4.2 | 11.7 | -3.8 |
| C Manufacturing | 2023 April | 3.0 | 3.1 | 9.6 | -3.8 |
| C Manufacturing | 2023 May | 2.1 | 2.7 | 8.3 | -4.6 |
| C Manufacturing | 2023 June | 1.0 | 1.0 | 7.2 | -5.1 |
| C Manufacturing | 2023 July | 0.1 | 0.8 | 3.9 | -4.4 |
| C Manufacturing | 2023 August | -2.2 | -3.8 | 2.6 | -5.5 |
| 10-12 Manufacture of food and beverages | 2023 March | -0.6 | -2.1 | 1.2 | -0.9 |
| 10-12 Manufacture of food and beverages | 2023 April | -2.3 | -3.6 | -0.1 | -3.2 |
| 10-12 Manufacture of food and beverages | 2023 May | -0.4 | 4.0 | -3.5 | -1.8 |
| 10-12 Manufacture of food and beverages | 2023 June | 1.0 | 2.6 | 0.4 | 0.0 |
| 10-12 Manufacture of food and beverages | 2023 July | -0.5 | -3.0 | -1.6 | 3.1 |
| 10-12 Manufacture of food and beverages | 2023 August | -2.5 | -0.5 | -4.0 | -3.1 |
| 13-15 Man. of textile-, leatherproducts | 2023 March | 4.7 | 0.1 | 17.3 | -3.4 |
| 13-15 Man. of textile-, leatherproducts | 2023 April | 3.0 | -0.5 | 14.4 | -4.8 |
| 13-15 Man. of textile-, leatherproducts | 2023 May | -3.2 | -13.1 | 3.1 | 0.3 |
| 13-15 Man. of textile-, leatherproducts | 2023 June | -0.8 | -6.5 | 1.6 | 2.6 |
| 13-15 Man. of textile-, leatherproducts | 2023 July | 1.4 | -3.5 | 9.3 | -1.8 |
| 13-15 Man. of textile-, leatherproducts | 2023 August | 1.5 | 3.7 | 2.8 | -2.1 |
| 16+23 Man of wooden and buildingmaterial | 2023 March | 1.8 | -4.6 | 12.7 | -2.6 |
| 16+23 Man of wooden and buildingmaterial | 2023 April | -10.9 | -26.0 | 5.4 | -12.1 |
| 16+23 Man of wooden and buildingmaterial | 2023 May | -14.7 | -17.2 | -5.9 | -21.0 |
| 16+23 Man of wooden and buildingmaterial | 2023 June | -14.2 | -13.9 | -9.2 | -19.6 |
| 16+23 Man of wooden and buildingmaterial | 2023 July | -16.7 | -19.5 | -7.8 | -22.9 |
| 16+23 Man of wooden and buildingmaterial | 2023 August | -17.3 | -17.7 | -12.1 | -22.2 |
| 17-18 Manufacture of paper and printing | 2023 March | -1.3 | 3.7 | -12.5 | 4.9 |
| 17-18 Manufacture of paper and printing | 2023 April | -3.7 | -1.6 | -1.6 | -7.8 |
| 17-18 Manufacture of paper and printing | 2023 May | -8.2 | -13.4 | -8.6 | -2.6 |
| 17-18 Manufacture of paper and printing | 2023 June | -9.1 | -11.0 | -11.5 | -4.9 |
| 17-18 Manufacture of paper and printing | 2023 July | 0.4 | -10.4 | 1.3 | 10.3 |
| 17-18 Manufacture of paper and printing | 2023 August | 0.2 | -0.1 | -13.9 | 14.7 |
| 19-22 Refineries and chemistry | 2023 March | -3.9 | 9.0 | -13.4 | -7.4 |
| 19-22 Refineries and chemistry | 2023 April | -3.0 | 5.3 | -7.0 | -7.2 |
| 19-22 Refineries and chemistry | 2023 May | -0.2 | 7.2 | -3.4 | -4.3 |
| 19-22 Refineries and chemistry | 2023 June | -5.0 | 0.6 | -6.6 | -9.1 |
| 19-22 Refineries and chemistry | 2023 July | -6.4 | 0.4 | -11.7 | -7.8 |
| 19-22 Refineries and chemistry | 2023 August | -11.6 | -11.9 | -13.5 | -9.3 |
| 24-25 Man. of basic metals and -products | 2023 March | 2.4 | 4.5 | 16.6 | -13.9 |
| 24-25 Man. of basic metals and -products | 2023 April | 5.8 | 6.4 | 15.9 | -5.0 |
| 24-25 Man. of basic metals and -products | 2023 May | 0.6 | 4.5 | 9.9 | -12.7 |
| 24-25 Man. of basic metals and -products | 2023 June | -2.6 | -3.0 | 10.0 | -14.7 |
| 24-25 Man. of basic metals and -products | 2023 July | -4.9 | -4.6 | 3.9 | -14.0 |
| 24-25 Man. of basic metals and -products | 2023 August | -5.4 | -6.4 | 2.9 | -12.8 |
| 26-28 Manufact of electronics, machinery | 2023 March | 18.3 | 17.9 | 35.8 | 1.0 |
| 26-28 Manufact of electronics, machinery | 2023 April | 15.3 | 16.8 | 28.1 | 1.1 |
| 26-28 Manufact of electronics, machinery | 2023 May | 13.7 | 12.4 | 27.7 | 1.0 |
| 26-28 Manufact of electronics, machinery | 2023 June | 14.1 | 16.0 | 26.3 | 0.1 |
| 26-28 Manufact of electronics, machinery | 2023 July | 13.6 | 21.9 | 19.7 | -0.7 |
| 26-28 Manufact of electronics, machinery | 2023 August | 10.2 | 9.5 | 21.9 | -0.7 |
| 29-30 Transport equipment | 2023 March | 8.6 | -4.4 | 38.1 | -8.0 |
| 29-30 Transport equipment | 2023 April | 13.9 | 10.7 | 42.4 | -11.3 |
| 29-30 Transport equipment | 2023 May | 12.0 | 6.3 | 36.5 | -6.7 |
| 29-30 Transport equipment | 2023 June | 7.5 | -7.4 | 37.3 | -7.4 |
| 29-30 Transport equipment | 2023 July | 1.6 | -16.6 | 31.8 | -10.5 |
| 29-30 Transport equipment | 2023 August | -0.7 | -27.5 | 32.4 | -7.0 |
| 31-33 Other manufacturing and repair | 2023 March | 4.9 | 6.5 | 11.0 | -3.0 |
| 31-33 Other manufacturing and repair | 2023 April | 8.4 | 5.5 | 19.0 | 0.8 |
| 31-33 Other manufacturing and repair | 2023 May | 6.4 | 1.9 | 17.9 | -0.6 |
| 31-33 Other manufacturing and repair | 2023 June | 5.9 | 4.0 | 12.3 | 1.3 |
| 31-33 Other manufacturing and repair | 2023 July | 1.3 | -6.6 | 9.5 | 0.9 |
| 31-33 Other manufacturing and repair | 2023 August | 3.8 | 3.7 | 8.6 | -0.9 |
| Source: CBS. | |||||
Dataset is not available.
Producer confidence is a sentiment indicator for the manufacturing industry that indicates the direction in which manufacturing production is expected to develop. The indicator is an unweighted arithmetic average of three component indicators from the Business sentiment survey of the manufacturing industry. Before the Producer confidence is calculated, seasonal and bias effects are removed from the three component indicators. The questions concern the expected activity in the next three months, opinion on order books and opinion on stocks of finished products. Results of the latter question are inverted when calculating the producer confidence, since a surplus of finished products is seen as something negative.
The more optimistic or pessimistic manufacturing companies are, the more positive or negative the value of the producer confidence indicator is compared with the zero line, and the greater the expectation that manufacturing production in the coming months will increase or decrease respectively. The producer confidence indicator has been available since 1985. For the sectors of manufacturing industry given in this table, the results are available from the start of 1994.
This publication is created using co-financing by the European Commission.
Data available from: January 1985
Status of the figures:
The figures are definitive.
Changes as of August 30th 2023:
Figures of August 2023 for the sectors of manufacturing industry have been added.
Changes as of July 28th 2023:
The SBI classification has been expanded with other manufacturing and repair.
When will new figures be published?
September 2023 figures are expected to be published on September 28th 2023.
Description topics
- Producer confidence
- Producer confidence is a sentiment indicator for the manufacturing industry that indicates the direction in which manufacturing production is expected to develop. The indicator is an unweighted arithmetic average of three component indicators from the Business sentiment survey of the manufacturing industry. Before the Producer confidence is calculated, seasonal and bias effects are removed from the three component indicators. The questions concern the expected activity in the next three months, opinion on order books and opinion on stocks of finished products.
The more optimistic or pessimistic manufacturing companies are, the more positive or negative the value of the producer confidence indicator is compared with the zero line, and the greater the expectation that manufacturing production in the coming months will increase or decrease respectively. The producer confidence indicator has been available since 1985. For the sectors of manufacturing industry given in this table, the results are available from the start of 1994. - Producer confidence indicator components
- Producer confidence consists of three component indicators from the
Business sentiment survey: expected activity, opinions on order books
and stocks of finished products.- Expected activity
- Volume indicator calculated as the percentage of positive answers minus
the percentage of negative answers to the question whether production
in the coming three months will increase, remain the same or decrease.
Seasonal and bias effects are removed.
- Opinion on order books
- Volume indicator calculated as a percentage of positive answers minus
the percentage of negative answers to the question whether the volume
of orders in the order book are too large, normal or too small,
given the time of the year. Seasonal and bias effects are removed.
- Stocks of finished products
- Volume indicator calculated as the percentage of positive answers minus
the percentage of negative answers to the question whether the volume
of stocks of finished products is too large, normal or too small, given
expected sales developments. Seasonal and bias effects are removed.
The outcome then is inverted, since a surplus of finished products is seen as something negative.