The Dutch producer confidence index inched higher to 2.9 in December from a 39-month low of 2.8 in the previous month. Entrepreneurs' judgment on their order book strengthened (8.7 vs 7.8 in November) and they became less negative on their stocks of finished products (-0.2 vs -0.8). At the same time, manufacturers's views toward future output was less positive (0.4 vs 1.4). Business Confidence in Netherlands averaged 0.90 Index Points from 1985 until 2019, reaching an all time high of 10.90 Index Points in February of 2018 and a record low of -23.50 Index Points in February of 2009. source: Statistics Netherlands
Business Confidence in Netherlands is expected to be 2.90 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Netherlands to stand at 3.60 in 12 months time. In the long-term, the Netherlands Business Confidence is projected to trend around 2.60 Index Points in 2020, according to our econometric models.