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 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 Value Seasonally adjusted data 2024 July -2.7 10.4 -12.7 -5.8
C Manufacturing Value Seasonally adjusted data 2024 August -1.9 10.7 -11.4 -4.9
C Manufacturing Value Seasonally adjusted data 2024 September -1.7 11.9 -12.0 -4.9
C Manufacturing Value Seasonally adjusted data 2024 October -3.2 6.7 -11.7 -4.6
C Manufacturing Value Seasonally adjusted data 2024 November -1.8 11.1 -12.7 -4.0
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 Value Seasonally adjusted data 2024 July -6.7 -1.4 -15.1 -3.6
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2024 August -3.6 4.4 -11.5 -3.8
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2024 September -4.8 -2.7 -9.5 -2.2
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2024 October -3.8 -2.2 -11.5 2.1
10-12 Manufacture of food and beverages Value Seasonally adjusted data 2024 November -3.1 4.3 -12.6 -1.1
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 Value Seasonally adjusted data 2024 July -11.1 -3.4 -24.5 -5.3
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2024 August -7.2 -9.0 -12.4 -0.1
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2024 September 3.2 16.6 -7.9 0.8
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2024 October -1.0 10.9 -12.9 -0.9
13-15 Man. of textile-, leatherproducts Value Seasonally adjusted data 2024 November 1.9 17.0 -7.9 -3.3
16+23 Man of wooden and buildingmaterial Value Seasonally adjusted data 2024 May -9.6 -4.2 -18.8 -5.8
16+23 Man of wooden and buildingmaterial Value Seasonally adjusted data 2024 June -5.7 -0.8 -15.0 -1.3
16+23 Man of wooden and buildingmaterial Value Seasonally adjusted data 2024 July -7.5 1.6 -19.1 -5.1
16+23 Man of wooden and buildingmaterial Value Seasonally adjusted data 2024 August 2.0 13.3 -12.9 5.5
16+23 Man of wooden and buildingmaterial Value Seasonally adjusted data 2024 September -4.0 10.7 -22.8 0.1
16+23 Man of wooden and buildingmaterial Value Seasonally adjusted data 2024 October -1.9 17.9 -22.4 -1.1
16+23 Man of wooden and buildingmaterial Value Seasonally adjusted data 2024 November -2.4 9.3 -15.5 -0.9
17-18 Manufacture of paper and printing Value Seasonally adjusted data 2024 May 0.3 9.8 -8.0 -0.9
17-18 Manufacture of paper and printing Value Seasonally adjusted data 2024 June -1.5 4.0 -6.6 -2.0
17-18 Manufacture of paper and printing Value Seasonally adjusted data 2024 July -8.3 -0.3 -17.7 -7.0
17-18 Manufacture of paper and printing Value Seasonally adjusted data 2024 August -3.7 -1.9 -6.0 -3.2
17-18 Manufacture of paper and printing Value Seasonally adjusted data 2024 September -1.8 16.3 -20.2 -1.4
17-18 Manufacture of paper and printing Value Seasonally adjusted data 2024 October -5.8 6.8 -19.1 -5.1
17-18 Manufacture of paper and printing Value Seasonally adjusted data 2024 November -2.3 14.1 -13.5 -7.6
19-22 Refineries and chemistry Value Seasonally adjusted data 2024 May -5.2 2.2 -16.1 -1.7
19-22 Refineries and chemistry Value Seasonally adjusted data 2024 June -4.8 4.3 -19.7 1.0
19-22 Refineries and chemistry Value Seasonally adjusted data 2024 July -3.1 9.7 -16.9 -2.1
19-22 Refineries and chemistry Value Seasonally adjusted data 2024 August -3.6 10.1 -18.3 -2.5
19-22 Refineries and chemistry Value Seasonally adjusted data 2024 September -0.9 15.1 -16.4 -1.4
19-22 Refineries and chemistry Value Seasonally adjusted data 2024 October -3.9 6.6 -15.5 -3.0
19-22 Refineries and chemistry Value Seasonally adjusted data 2024 November -0.8 10.5 -11.0 -2.0
24-25 Man. of basic metals and -products Value Seasonally adjusted data 2024 May -3.5 16.7 -10.0 -17.3
24-25 Man. of basic metals and -products Value Seasonally adjusted data 2024 June -3.0 17.4 -15.1 -11.3
24-25 Man. of basic metals and -products Value Seasonally adjusted data 2024 July -5.7 14.0 -12.6 -18.5
24-25 Man. of basic metals and -products Value Seasonally adjusted data 2024 August -2.8 13.8 -9.4 -12.9
24-25 Man. of basic metals and -products Value Seasonally adjusted data 2024 September -7.7 4.7 -13.4 -14.4
24-25 Man. of basic metals and -products Value Seasonally adjusted data 2024 October -11.1 -2.6 -12.1 -18.6
24-25 Man. of basic metals and -products Value Seasonally adjusted data 2024 November -8.4 -3.6 -12.9 -8.8
26-28 Manufact of electronics, machinery Value Seasonally adjusted data 2024 May 0.9 12.6 -3.9 -6.2
26-28 Manufact of electronics, machinery Value Seasonally adjusted data 2024 June 2.8 26.2 -8.7 -8.9
26-28 Manufact of electronics, machinery Value Seasonally adjusted data 2024 July 4.6 25.6 -5.0 -6.9
26-28 Manufact of electronics, machinery Value Seasonally adjusted data 2024 August 1.7 17.8 -5.9 -6.6
26-28 Manufact of electronics, machinery Value Seasonally adjusted data 2024 September 6.3 28.6 -3.0 -6.6
26-28 Manufact of electronics, machinery Value Seasonally adjusted data 2024 October 4.4 25.0 -4.9 -7.0
26-28 Manufact of electronics, machinery Value Seasonally adjusted data 2024 November 3.0 25.3 -8.6 -7.7
29-30 Transport equipment Value Seasonally adjusted data 2024 May -8.7 -6.0 -14.2 -5.9
29-30 Transport equipment Value Seasonally adjusted data 2024 June -10.5 -4.7 -20.1 -6.7
29-30 Transport equipment Value Seasonally adjusted data 2024 July -9.9 -8.1 -19.7 -2.1
29-30 Transport equipment Value Seasonally adjusted data 2024 August -7.5 7.7 -24.1 -6.1
29-30 Transport equipment Value Seasonally adjusted data 2024 September -8.3 8.4 -25.7 -7.4
29-30 Transport equipment Value Seasonally adjusted data 2024 October -6.2 3.4 -18.7 -3.4
29-30 Transport equipment Value Seasonally adjusted data 2024 November -6.2 10.1 -26.4 -2.3
31-33 Other manufacturing and repair Value Seasonally adjusted data 2024 May 3.5 16.5 -2.1 -3.9
31-33 Other manufacturing and repair Value Seasonally adjusted data 2024 June 1.7 12.8 -4.6 -3.1
31-33 Other manufacturing and repair Value Seasonally adjusted data 2024 July 4.1 16.1 -7.8 3.9
31-33 Other manufacturing and repair Value Seasonally adjusted data 2024 August 0.5 11.8 -9.9 -0.4
31-33 Other manufacturing and repair Value Seasonally adjusted data 2024 September -2.1 6.1 -11.7 -0.7
31-33 Other manufacturing and repair Value Seasonally adjusted data 2024 October -4.2 -8.3 -8.2 3.9
31-33 Other manufacturing and repair Value Seasonally adjusted data 2024 November 0.3 13.7 -15.1 2.4
Source: CBS.
Explanation of symbols

Table explanation


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 November 28th 2024:
Figures of November 2024 have been added.

When will new figures be published?
Figures of December are expected to be published the 6th of January 2025.

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.