Producer confidence; sentiment indicator manufacturing industry, branches

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 (%)
10-12 Manufacture of food and beverages 2021 May 0.7 11.5 -9.3 -0.2
10-12 Manufacture of food and beverages 2021 June 5.2 16.7 -3.5 2.3
10-12 Manufacture of food and beverages 2021 July 6.6 18.0 -2.8 4.7
10-12 Manufacture of food and beverages 2021 August 3.7 10.9 -0.4 0.6
10-12 Manufacture of food and beverages 2021 September 6.3 10.2 4.1 4.5
10-12 Manufacture of food and beverages 2021 October 5.8 10.6 5.2 1.6
10-12 Manufacture of food and beverages 2021 November 7.1 10.3 5.6 5.3
10-12 Manufacture of food and beverages 2021 December 0.5 1.5 1.2 -1.3
10-12 Manufacture of food and beverages 2022 January 3.2 12.6 -4.6 1.7
10-12 Manufacture of food and beverages 2022 February 6.9 17.6 2.3 0.8
10-12 Manufacture of food and beverages 2022 March 7.3 10.8 5.6 5.5
10-12 Manufacture of food and beverages 2022 April 7.8 10.7 8.1 4.8
Source: CBS.
Explanation of symbols

Table description


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:
Figures are definite.

Changes as of 28 April 2022:
Figures of April 2022 for the sectors of manufacturing industry have been added.

When will new figures be published?
May 2022 figures are expected to be published on 30 May 2022.

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.