Manufacturing output 0.5 percent up

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Producer confidence hardly changed

Confidence among Dutch manufacturers hardly changed in March 2019. They were less positive about future output and their stocks of finished products. On the other hand, opinions on order positions improved.

Germany is an important sales market for the Dutch manufacturing industry. According to the IFO index, confidence fell to its lowest level since March 2016. This was due to both more pessimistic business expectations and less optimistic opinions on the current situation. In February, the average daily output generated by the German manufacturing industry was almost 2 percent down year-on-year.

The figures published in this news release are provisional and subject to revisions.