However, the confidence indicator remains well above its long-term average over the past two decades (0.8). Producer 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.
|jaar||maand||balance (average of the component questions)|
Less positive about order books and future output
n August, Dutch manufacturers were slightly less positive about their order books and their future output than one month previously. However, they were slightly more positive about their stocks of finished products.
All component indicators of producer confidence are positive. 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.
Producers in the wood and building materials industry most positive
For more than one year now, optimism has prevailed across all subsectors of the manufacturing industry. In August, producers in the wood and building materials industry were again most positive, though they were less positive than in July.
|August 2018 (average of the component indicators)||July 2018 (average of the component indicators)|
|Wood and construction||16.1||21.1|
|Paper and printing||10.6||8.1|
|Textiles, clothes, leather||10.4||9.6|
|Electrotechnical products and machinery||6.7||5|
|Food, beverages, tobacco||4.8||2.5|