The NEVI Netherlands Manufacturing PMI fell to 41.3 in April of 2020 from 50.5 in the previous month, pointing to the slowest expansion in the country's manufacturing sector since May of 2009. Both output and total new orders declined at the quickest pace on record, as emergency measures to help contain the pandemic had suppressed demand both domestically and abroad. Moreover, new export orders decreased for the second month running and at the quickest pace on record. At the same time, workforce numbers fell at the quickest rate since July 2009 and firms' sentiment with regards to future output collapsed, with expectations turning negative for the first time since this series began in mid-2012.
Manufacturing Pmi in Netherlands averaged 53.85 points from 2012 until 2020, reaching an all time high of 63.40 points in February of 2018 and a record low of 41.30 points in April 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 May of 2020. source: Markit Economics
Manufacturing Pmi in Netherlands is expected to be 45.50 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 51.00 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.