Producer confidence; sentiment indicator manufacturing industry, branches

Producer confidence; sentiment indicator manufacturing industry, branches

Sector/branches (SIC 2008) Margins Seasonal adjustment 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 Value Seasonally adjusted data 2023 July -2.7 6.7 -5.2 -9.4
C Manufacturing Value Seasonally adjusted data 2023 August -4.6 2.3 -6.1 -10.0
C Manufacturing Value Seasonally adjusted data 2023 September -3.9 4.1 -6.7 -9.1
C Manufacturing Value Seasonally adjusted data 2023 October -3.7 4.1 -7.2 -7.9
C Manufacturing Value Seasonally adjusted data 2023 November -2.6 5.9 -7.3 -6.4
C Manufacturing Value Seasonally adjusted data 2023 December -5.7 1.1 -11.5 -6.9
C Manufacturing Value Seasonally adjusted data 2024 January -4.4 1.8 -8.5 -6.4
C Manufacturing Value Seasonally adjusted data 2024 February -4.2 4.6 -11.9 -5.3
C Manufacturing Value Seasonally adjusted data 2024 March -4.8 3.5 -11.4 -6.7
C Manufacturing Value Seasonally adjusted data 2024 April -3.6 5.3 -10.2 -6.0
C Manufacturing Value Seasonally adjusted data 2024 May -2.8 7.2 -9.7 -6.0
C Manufacturing Value Seasonally adjusted data 2024 June -2.4 9.5 -12.8 -4.0
C Manufacturing Lower bound 95% confidence interval Seasonally adjusted data 2023 July -4.1 4.2 -7.7 -11.4
C Manufacturing Lower bound 95% confidence interval Seasonally adjusted data 2023 August -6.0 -0.2 -8.8 -11.8
C Manufacturing Lower bound 95% confidence interval Seasonally adjusted data 2023 September -5.3 1.6 -9.1 -10.9
C Manufacturing Lower bound 95% confidence interval Seasonally adjusted data 2023 October -5.3 1.6 -9.7 -9.9
C Manufacturing Lower bound 95% confidence interval Seasonally adjusted data 2023 November -4.0 3.4 -9.7 -8.2
C Manufacturing Lower bound 95% confidence interval Seasonally adjusted data 2023 December -7.1 -1.3 -13.9 -8.7
C Manufacturing Lower bound 95% confidence interval Seasonally adjusted data 2024 January -5.8 -0.7 -10.9 -8.2
C Manufacturing Lower bound 95% confidence interval Seasonally adjusted data 2024 February -5.6 2.1 -14.3 -7.1
C Manufacturing Lower bound 95% confidence interval Seasonally adjusted data 2024 March -6.2 1.0 -13.8 -8.3
C Manufacturing Lower bound 95% confidence interval Seasonally adjusted data 2024 April -5.0 2.9 -12.7 -7.8
C Manufacturing Lower bound 95% confidence interval Seasonally adjusted data 2024 May -4.2 4.8 -12.1 -7.8
C Manufacturing Lower bound 95% confidence interval Seasonally adjusted data 2024 June -3.8 7.0 -15.2 -6.0
C Manufacturing Upper bound 95% confidence interval Seasonally adjusted data 2023 July -1.3 9.2 -2.7 -7.4
C Manufacturing Upper bound 95% confidence interval Seasonally adjusted data 2023 August -3.2 4.8 -3.4 -8.2
C Manufacturing Upper bound 95% confidence interval Seasonally adjusted data 2023 September -2.5 6.6 -4.3 -7.3
C Manufacturing Upper bound 95% confidence interval Seasonally adjusted data 2023 October -2.1 6.6 -4.7 -5.9
C Manufacturing Upper bound 95% confidence interval Seasonally adjusted data 2023 November -1.2 8.4 -4.9 -4.6
C Manufacturing Upper bound 95% confidence interval Seasonally adjusted data 2023 December -4.3 3.5 -9.1 -5.1
C Manufacturing Upper bound 95% confidence interval Seasonally adjusted data 2024 January -3.0 4.3 -6.1 -4.6
C Manufacturing Upper bound 95% confidence interval Seasonally adjusted data 2024 February -2.8 7.1 -9.5 -3.5
C Manufacturing Upper bound 95% confidence interval Seasonally adjusted data 2024 March -3.4 6.0 -9.0 -5.1
C Manufacturing Upper bound 95% confidence interval Seasonally adjusted data 2024 April -2.2 7.7 -7.7 -4.2
C Manufacturing Upper bound 95% confidence interval Seasonally adjusted data 2024 May -1.4 9.6 -7.3 -4.2
C Manufacturing Upper bound 95% confidence interval Seasonally adjusted data 2024 June -1.0 12.0 -10.4 -2.0
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2023 July -3.0 2.8 -8.2 -3.5
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2023 August -3.8 5.5 -9.0 -7.8
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2023 September -3.7 7.1 -13.8 -4.4
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2023 October -3.1 5.8 -12.0 -3.0
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2023 November -0.3 9.9 -9.0 -1.7
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2023 December -4.5 0.6 -9.6 -4.4
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2024 January -4.2 -1.3 -12.3 1.0
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2024 February -6.5 -7.5 -12.3 0.2
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2024 March -4.2 0.2 -11.1 -1.8
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2024 April -1.0 8.4 -9.7 -1.6
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2024 May -4.0 0.6 -10.4 -2.2
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2024 June -4.7 -5.3 -12.3 3.5
10-12 Manufacture of food and beverages Lower bound 95% confidence interval Seasonally adjusted data 2023 July -6.3 -2.9 -11.9 -8.4
10-12 Manufacture of food and beverages Lower bound 95% confidence interval Seasonally adjusted data 2023 August -6.9 0.2 -13.5 -12.1
10-12 Manufacture of food and beverages Lower bound 95% confidence interval Seasonally adjusted data 2023 September -6.8 0.6 -18.1 -7.7
10-12 Manufacture of food and beverages Lower bound 95% confidence interval Seasonally adjusted data 2023 October -6.2 -0.1 -16.3 -6.9
10-12 Manufacture of food and beverages Lower bound 95% confidence interval Seasonally adjusted data 2023 November -3.6 3.2 -13.1 -5.4
10-12 Manufacture of food and beverages Lower bound 95% confidence interval Seasonally adjusted data 2023 December -7.4 -5.7 -13.5 -8.1
10-12 Manufacture of food and beverages Lower bound 95% confidence interval Seasonally adjusted data 2024 January -7.3 -8.7 -17.0 -2.7
10-12 Manufacture of food and beverages Lower bound 95% confidence interval Seasonally adjusted data 2024 February -9.6 -13.6 -16.4 -3.7
10-12 Manufacture of food and beverages Lower bound 95% confidence interval Seasonally adjusted data 2024 March -7.3 -5.5 -15.6 -5.1
10-12 Manufacture of food and beverages Lower bound 95% confidence interval Seasonally adjusted data 2024 April -3.9 2.3 -14.2 -5.1
10-12 Manufacture of food and beverages Lower bound 95% confidence interval Seasonally adjusted data 2024 May -7.1 -5.3 -15.1 -6.7
10-12 Manufacture of food and beverages Lower bound 95% confidence interval Seasonally adjusted data 2024 June -8.0 -11.4 -16.6 -1.2
10-12 Manufacture of food and beverages Upper bound 95% confidence interval Seasonally adjusted data 2023 July 0.3 8.5 -4.5 1.4
10-12 Manufacture of food and beverages Upper bound 95% confidence interval Seasonally adjusted data 2023 August -0.7 10.8 -4.5 -3.5
10-12 Manufacture of food and beverages Upper bound 95% confidence interval Seasonally adjusted data 2023 September -0.6 13.6 -9.5 -1.1
10-12 Manufacture of food and beverages Upper bound 95% confidence interval Seasonally adjusted data 2023 October 0.0 11.7 -7.7 0.9
10-12 Manufacture of food and beverages Upper bound 95% confidence interval Seasonally adjusted data 2023 November 3.0 16.6 -4.9 2.0
10-12 Manufacture of food and beverages Upper bound 95% confidence interval Seasonally adjusted data 2023 December -1.6 6.9 -5.7 -0.7
10-12 Manufacture of food and beverages Upper bound 95% confidence interval Seasonally adjusted data 2024 January -1.1 6.1 -7.6 4.7
10-12 Manufacture of food and beverages Upper bound 95% confidence interval Seasonally adjusted data 2024 February -3.4 -1.4 -8.2 4.1
10-12 Manufacture of food and beverages Upper bound 95% confidence interval Seasonally adjusted data 2024 March -1.1 5.9 -6.6 1.5
10-12 Manufacture of food and beverages Upper bound 95% confidence interval Seasonally adjusted data 2024 April 1.9 14.5 -5.2 1.9
10-12 Manufacture of food and beverages Upper bound 95% confidence interval Seasonally adjusted data 2024 May -0.9 6.5 -5.7 2.3
10-12 Manufacture of food and beverages Upper bound 95% confidence interval Seasonally adjusted data 2024 June -1.4 0.8 -8.0 8.2
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2023 July -7.5 -2.0 -10.3 -10.1
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2023 August -8.3 2.7 -16.6 -10.9
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2023 September -2.6 8.9 -6.2 -10.6
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2023 October -1.6 13.6 -16.9 -1.6
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2023 November -1.2 16.2 -17.8 -2.2
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2023 December -3.4 11.0 -18.1 -3.2
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2024 January -5.3 10.1 -17.9 -7.9
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2024 February -8.5 1.0 -13.1 -13.5
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2024 March -7.4 3.7 -15.4 -10.5
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2024 April -12.5 -10.7 -21.0 -5.7
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2024 May -16.8 -14.7 -26.1 -9.6
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2024 June -11.1 -0.9 -21.4 -11.1
13-15 Man. of textile-, leatherproducts Lower bound 95% confidence interval Seasonally adjusted data 2023 July -13.8 -12.2 -21.7 -19.5
13-15 Man. of textile-, leatherproducts Lower bound 95% confidence interval Seasonally adjusted data 2023 August -13.0 -11.6 -26.4 -18.7
13-15 Man. of textile-, leatherproducts Lower bound 95% confidence interval Seasonally adjusted data 2023 September -7.7 -4.0 -15.8 -18.6
13-15 Man. of textile-, leatherproducts Lower bound 95% confidence interval Seasonally adjusted data 2023 October -7.9 2.4 -27.9 -12.4
13-15 Man. of textile-, leatherproducts Lower bound 95% confidence interval Seasonally adjusted data 2023 November -6.1 1.7 -30.9 -9.1
13-15 Man. of textile-, leatherproducts Lower bound 95% confidence interval Seasonally adjusted data 2023 December -10.1 -3.9 -30.4 -7.5
13-15 Man. of textile-, leatherproducts Lower bound 95% confidence interval Seasonally adjusted data 2024 January -9.0 7.0 -27.7 -14.8
13-15 Man. of textile-, leatherproducts Lower bound 95% confidence interval Seasonally adjusted data 2024 February -14.6 -10.0 -25.3 -17.4
13-15 Man. of textile-, leatherproducts Lower bound 95% confidence interval Seasonally adjusted data 2024 March -12.1 -6.3 -25.0 -12.5
13-15 Man. of textile-, leatherproducts Lower bound 95% confidence interval Seasonally adjusted data 2024 April -19.9 -21.9 -34.7 -12.0
13-15 Man. of textile-, leatherproducts Lower bound 95% confidence interval Seasonally adjusted data 2024 May -23.1 -25.5 -36.9 -13.7
13-15 Man. of textile-, leatherproducts Lower bound 95% confidence interval Seasonally adjusted data 2024 June -14.6 -8.3 -29.8 -15.6
13-15 Man. of textile-, leatherproducts Upper bound 95% confidence interval Seasonally adjusted data 2023 July -1.2 8.2 1.1 -0.7
13-15 Man. of textile-, leatherproducts Upper bound 95% confidence interval Seasonally adjusted data 2023 August -3.6 17.0 -6.8 -3.1
13-15 Man. of textile-, leatherproducts Upper bound 95% confidence interval Seasonally adjusted data 2023 September 2.5 21.8 3.4 -2.6
13-15 Man. of textile-, leatherproducts Upper bound 95% confidence interval Seasonally adjusted data 2023 October 4.7 24.8 -5.9 9.2
Source: CBS.
Explanation of symbols

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 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 June 27th 2024:
Figures of June 2024 have been added.

When will new figures be published?
Figures of July are expected to be published the 30th of July 2024.

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.