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Dutch manufacturers show improved confidence in October 2023

31 Oct '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Dutch manufacturers displayed less negative sentiment in October 2023, with producer confidence rising from *.* to *.*.
  • Despite this, confidence remained below the long-term average.
  • Manufacturers had mixed feelings about their order positions.
  • Prices of Dutch-made products fell * per cent YoY in September, but output prices rose *.* per cent.

Manufacturers showed a less negative outlook about expected output and current stocks of finished products for the next three months. This shift in sentiment was observed across half of the major manufacturing industries, including textile, clothing, and leather sectors.

Despite the slight uptick, producer confidence in October **** remained below the long-term average of *. The metric had reached an all-time high of **.* in November ****, while its all-time low was recorded at minus **.* in April ****, as per CBS.

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