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 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 | 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 | 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 | Lower bound 95% confidence interval | Seasonally adjusted data | 2024 July | -4.3 | 7.7 | -15.2 | -7.6 |
| C Manufacturing | Lower bound 95% confidence interval | Seasonally adjusted data | 2024 August | -3.3 | 8.0 | -13.8 | -6.7 |
| C Manufacturing | Lower bound 95% confidence interval | Seasonally adjusted data | 2024 September | -3.1 | 9.4 | -14.2 | -6.7 |
| C Manufacturing | Lower bound 95% confidence interval | Seasonally adjusted data | 2024 October | -4.6 | 4.2 | -13.9 | -6.4 |
| 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 |
| C Manufacturing | Upper bound 95% confidence interval | Seasonally adjusted data | 2024 July | -1.1 | 13.1 | -10.2 | -4.0 |
| C Manufacturing | Upper bound 95% confidence interval | Seasonally adjusted data | 2024 August | -0.5 | 13.4 | -9.0 | -3.1 |
| C Manufacturing | Upper bound 95% confidence interval | Seasonally adjusted data | 2024 September | -0.3 | 14.4 | -9.8 | -3.1 |
| C Manufacturing | Upper bound 95% confidence interval | Seasonally adjusted data | 2024 October | -1.8 | 9.2 | -9.5 | -2.8 |
| 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 | 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 | 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 | Lower bound 95% confidence interval | Seasonally adjusted data | 2024 July | -10.6 | -8.8 | -20.0 | -8.5 |
| 10-12 Manufacture of food and beverages | Lower bound 95% confidence interval | Seasonally adjusted data | 2024 August | -7.3 | -2.9 | -16.2 | -8.1 |
| 10-12 Manufacture of food and beverages | Lower bound 95% confidence interval | Seasonally adjusted data | 2024 September | -7.9 | -10.0 | -13.8 | -6.1 |
| 10-12 Manufacture of food and beverages | Lower bound 95% confidence interval | Seasonally adjusted data | 2024 October | -7.1 | -9.1 | -16.2 | -1.8 |
| 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 |
| 10-12 Manufacture of food and beverages | Upper bound 95% confidence interval | Seasonally adjusted data | 2024 July | -2.8 | 6.0 | -10.2 | 1.3 |
| 10-12 Manufacture of food and beverages | Upper bound 95% confidence interval | Seasonally adjusted data | 2024 August | 0.1 | 11.7 | -6.8 | 0.5 |
| 10-12 Manufacture of food and beverages | Upper bound 95% confidence interval | Seasonally adjusted data | 2024 September | -1.7 | 4.6 | -5.2 | 1.7 |
| 10-12 Manufacture of food and beverages | Upper bound 95% confidence interval | Seasonally adjusted data | 2024 October | -0.5 | 4.7 | -6.8 | 6.0 |
| 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 | 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 | 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 | Lower bound 95% confidence interval | Seasonally adjusted data | 2024 July | -16.4 | -14.2 | -32.9 | -11.4 |
| 13-15 Man. of textile-, leatherproducts | Lower bound 95% confidence interval | Seasonally adjusted data | 2024 August | -13.1 | -19.4 | -24.6 | -9.1 |
| 13-15 Man. of textile-, leatherproducts | Lower bound 95% confidence interval | Seasonally adjusted data | 2024 September | -1.7 | 2.3 | -17.3 | -4.5 |
| 13-15 Man. of textile-, leatherproducts | Lower bound 95% confidence interval | Seasonally adjusted data | 2024 October | -7.7 | -0.7 | -20.0 | -7.6 |
| 13-15 Man. of textile-, leatherproducts | Upper bound 95% confidence interval | Seasonally adjusted data | 2023 November | 3.7 | 30.7 | -4.7 | 4.7 |
| 13-15 Man. of textile-, leatherproducts | Upper bound 95% confidence interval | Seasonally adjusted data | 2023 December | 3.3 | 25.9 | -5.8 | 1.1 |
| 13-15 Man. of textile-, leatherproducts | Upper bound 95% confidence interval | Seasonally adjusted data | 2024 January | -1.6 | 13.2 | -8.1 | -1.0 |
| 13-15 Man. of textile-, leatherproducts | Upper bound 95% confidence interval | Seasonally adjusted data | 2024 February | -2.4 | 12.0 | -0.9 | -9.6 |
| Source: CBS. | |||||||
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 October 30th 2024:
Figures of October 2024 have been added.
When will new figures be published?
Figures of November are expected to be published the 28th of November 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.