Netherlands NEVI Manufacturing PMI2012-2021 Data | 2022-2023 Forecast | Calendar

The NEVI Netherlands Manufacturing PMI fell for the third month running to 65.8 in August, from July's 67.4. The 1.6-point fall in the PMI was slightly larger than those seen in June (-0.6) and July (-1.4). That said, it was still the fifth-highest figure on record and signalled a rapid overall improvement in manufacturing business conditions. Growth rates for production, new orders and exports all remained historically strong despite easing to six-month lows. Moreover, manufacturing employment rose at the third-fastest rate on record, and backlogs at the fourth-fastest ever pace as severe supply bottlenecks persisted. Meanwhile, input cost inflation remained intense despite easing slightly on July's survey-record high.

The NEVI Netherlands Manufacturing PMI fell to 67.4 in July 2021, down from 68.8 in the previous month and an all-time high of 69.4 hit in May. Still, the latest reading signaled a rapid improvement in manufacturing business conditions, with output, new orders, exports and purchasing all rising at among the fastest rates since the survey began in 2000. Meanwhile, suppliers' delivery times continued to lengthen markedly in July, reflecting ongoing widespread raw material shortages and shipping bottlenecks. On the price front, input cost inflation hit a fresh record, reflecting the combination of strong demand and supply shortages. Manufacturers continued to pass on higher costs to customers, with output price inflation matching June's record high. Looking ahead, sentiment eased to a five-month low but remained strong overall.

The NEVI Netherlands Manufacturing PMI eased to 68.8 in June from a record 69.4 in the previous month, mostly reflecting a slight cooldown of purchasing activity and output growth. Still, the latest reading pointed to the second best performance of the sector in the series’ history, with manufacturers reporting soaring levels of new orders, partly due to the further easing of COVID-19 restrictions, a recovery in foreign demand, which increased at one of the fastest paces on records. Supply issues, such as shortages and transport fees, remained as one of the factors behind growing inflationary pressures in June, with both input and output prices surging at a record pace. Meantime, backlogs of work kept increasing for the seventh month running, at an unprecedented rate, while employment expanded at the quickest pace since March 2018. Looking ahead, firms remained highly optimistic on hopes of sustained growth and soaring demand levels, although sentiment moderated slightly on the month.

The NEVI Netherlands Manufacturing PMI rose to a fresh series record of 69.4 in May of 2021 from 67.2 in April, and signalled a steep improvement in the health of the sector. output, new orders and exports all expanded at the steepest rates on record amid reports of surging sales in both domestic and foreign markets. Supply chain disruption continued to hinder manufacturers, however, with delays the most severe in the series history, linked by panellists to shortages, transport issues and capacity constraints. This again impacted prices, with both input costs and average charges rising at unprecedented rates. Looking ahead, business confidence remained robust, though moderated slightly.