The NEVI Netherlands Manufacturing PMI rose to 52.3 in August 2020 from 47.9 in the previous month. The latest reading pointed to the first expansion in the manufacturing sector since March, as conditions improved following the severe disruption caused by the COVID-19. Output and new orders increased for the first time since February amid the easing of lockdown restrictions. Also, export sales advanced at the quicker rate in nearly two years and the job shedding rate eased to a five-month low. Companies signalled a rise in purchasing activity in August, with the rate of increase the quickest since December 2018. On the price front, input prices rose for the first time since March driven by greater wage and raw material costs, as well as higher prices at suppliers. Lastly, sentiment improved to a six-month high.
Manufacturing Pmi in Netherlands averaged 53.57 points from 2012 until 2020, reaching an all time high of 63.40 points in February of 2018 and a record low of 40.50 points in May of 2020. This page provides - Netherlands Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands NEVI Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Markit Economics
Manufacturing Pmi in Netherlands is expected to be 48.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Pmi in Netherlands to stand at 54.00 in 12 months time. In the long-term, the Netherlands NEVI Manufacturing PMI is projected to trend around 53.00 points in 2021 and 54.00 points in 2022, according to our econometric models.