Manufacturers less negative in November

Producer confidence in November was 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.

More positive about expected output

Manufacturers were more positive about expected output for the next three months. Their assessment of current stocks of finished products was also less negative. However, their assessment of the order positions was more negative.

One component indicator was positive: manufacturers who anticipated an increase in output over the next three months outnumbered those expecting a decrease.

Two component indicators 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.

Producer confidence up in over half of industrial sectors

Confidence improved in more than half of the main industrial sectors. Manufacturers in the electrotechnical and machinery sectors were the most positive of all sectors, but again less positive than in the previous month.

Manufacturing output down by over 3 percent in September

In September 2024, the calendar-adjusted output of the Dutch manufacturing sector was 3.3 percent lower than it was in September 2023. After adjustments for seasonal and calendar effects, manufacturing output fell by 3.0 percent relative to August.