Producer confidence in November is below the 20-year average of -1.3. Confidence reached its highest value (10.4) in October 2021. The lowest value (-31.5) was recorded in April 2020.
Producers are more negative about finished goods inventories in November. They are also less positive about expected business activity in the next three months. However, producers are less negative about their order portfolio.
One sub-indicator is positive. The number of producers expecting their production to increase in the next three months is greater than the number expecting a decrease. The other two sub-indicators of producer confidence are negative. The number of producers who consider the order position large is smaller than the number who find the order portfolio small, given the time of year. The number of producers who consider the finished goods inventory small is smaller than the number who find the inventories large.
In about three quarters of the underlying sectors, producer confidence deteriorates in November. Producers in the transport equipment industry are the most positive, while manufacturers in the paper and graphic industry are the most negative.
The calendar-adjusted production of the Dutch industry was 2.1 percent higher in September than in September 2024. Adjusted for seasonal and calendar effects, production increased by 0.1 percent compared to August.
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