The NEVI Netherlands Manufacturing PMI fell to 50.4 in October 2020 from 52.5 in September. The latest reading pointed to the third straight expansion in the factory sector, albeit at the slowest pace in the current sequence amid weaker increases in both output and new orders. Goods producers made further reductions to their workforce numbers, citing redundancies, company restructuring and the non-replacement of leavers amid the coronavirus pandemic. Meantime, export sales continued to rise, with the rate of expansion solid despite easing since September, with manufacturers reporting a boost in overseas sales amid looser lockdown measures in key foreign markets. On the price front, input cost inflation accelerated to a one-and-a-half-year high driven by raw material costs and prices at suppliers, and output charges rose slightly. Finally, sentiment moderated further from August’s six-month high, amid concerns about the longevity of the pandemic and durability of any economic recovery. source: Markit Economics
Manufacturing Pmi in Netherlands averaged 53.53 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 November of 2020.
Manufacturing Pmi in Netherlands is expected to be 49.20 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 53.40 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.