The Dutch producer confidence index dropped to 4.7 in May 2019 from 6.7 in the previous month. This was the weakest reading since December 2016, as manufacturers were less positive about expected activity (0.9 vs 3.3 in April) and order book (11.6 vs 13.7). In addition, their views on stocks of finished products deteriorated (1.7 vs 3.1). 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 6.50 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.