Producer confidence improves further in September
Producer confidence in September remains below the 20-year average of -1.3. It reached an all-time high (10.4) in October 2021 and an all-time low (-31.5) in April 2020.
| year | month | balance (average of the component questions) |
|---|---|---|
| 2021 | October | 10.4 |
| 2021 | November | 10.1 |
| 2021 | December | 7.3 |
| 2022 | January | 6.5 |
| 2022 | February | 5.8 |
| 2022 | March | 5.7 |
| 2022 | April | 7.2 |
| 2022 | May | 5.8 |
| 2022 | June | 4.2 |
| 2022 | July | 5.3 |
| 2022 | August | 2.4 |
| 2022 | September | 1.2 |
| 2022 | October | 0.9 |
| 2022 | November | 1.1 |
| 2022 | December | 1 |
| 2023 | January | 1.1 |
| 2023 | February | 0.9 |
| 2023 | March | 0.9 |
| 2023 | April | -0.3 |
| 2023 | May | -1.7 |
| 2023 | June | -2.7 |
| 2023 | July | -2.7 |
| 2023 | August | -4.6 |
| 2023 | September | -3.9 |
| 2023 | Oktober | -3.7 |
| 2023 | November | -2.6 |
| 2023 | December | -5.7 |
| 2024 | January | -4.4 |
| 2024 | February | -4.2 |
| 2024 | March | -4.8 |
| 2024 | April | -3.6 |
| 2024 | May | -2.8 |
| 2024 | June | -2.4 |
| 2024 | July | -2.7 |
| 2024 | August | -1.9 |
| 2024 | September | -1.7 |
| 2024 | October | -3.2 |
| 2024 | November | -1.8 |
| 2024 | December | -1.6 |
| 2025 | January | -1.6 |
| 2025 | February | -1.2 |
| 2025 | March | -1.5 |
| 2025 | April | -3.3 |
| 2025 | May | -3.9 |
| 2025 | June | -5 |
| 2025 | July | -4.9 |
| 2025 | August | -3.3 |
| 2025 | September | -1.6 |
Improvements across all components
Manufacturers’ expectations regarding output for the next three months were more positive than in August. They were also less negative about their current stocks of finished products and order positions.
One component of producer confidence was positive: there were more manufacturers expecting an increase in output over the next three months than there were expecting a decrease. However, two other components of the indicator were negative. Manufacturers were more likely to indicate that their order position was weak rather than strong for the time of year, and more manufacturers described their current stock of finished products as large rather than small.
| September (balance % positive answers and % negative answers) | August (balance % positive answers and % negative answers) | |
|---|---|---|
| Producer confidence | -1.6 | -3.3 |
| Expected output | 9.4 | 6.1 |
| Assessment of stocks of finished products | -5.4 | -6.9 |
| Assessment of order-book levels | -8.9 | -9.1 |
Producer confidence improves in two-thirds of industrial sectors
Confidence improved in two-thirds of the industrial sectors. Manufacturers in ‘other industries’ (such as repair and installation of machinery and furniture) were the most positive in September. Manufacturers in the paper and printing industry were the most negative.
| Industry | September (average of the component questions) | August (average of the component questions) |
|---|---|---|
| Other | 5 | 5.5 |
| Timber and building materials | 2.9 | -0.6 |
| Metal | 0.6 | -7.4 |
| Food, beverages, tobacco | -1.7 | -1.6 |
| Electrotechnical products and machinery | -3.3 | -6.2 |
| Petroleum and chemicals | -3.5 | -0.5 |
| Textiles, clothes, leather | -3.6 | -7.2 |
| Transport equipment | -6.9 | -7.6 |
| Paper and printing | -7.2 | -7.7 |
Manufacturing output down by over 1 percent in July
In July, the calendar-adjusted output of the Dutch manufacturing sector was 1.1 percent lower than it was in July 2024. Manufacturing output fell by 1.4 percent relative to June, after adjusting for seasonal and calendar effects.
Sources
- StatLine - Producer confidence; sentiment indicator manufacturing industry
- StatLine - Business survey Netherlands
Related items
- Dossier - Business cycle