The Dutch producer confidence index dropped to a 34 month-low of 3.3 in June 2019 from 4.7 in the previous month. Manufacturers' views on order book weakened(11.6 vs 13.7 in May), with their assessment on stocks of finished products deteriorating sharply (0.2 vs 1.7). In addition, entrepreneurs' became negative for the first time since August 2016 about their expected activity (-1.2 vs 0.9). Business Confidence in Netherlands averaged 0.86 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.
Business Confidence in Netherlands is expected to be 3.30 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.