Netherlands Manufacturing PMI

Last Release

Jul 31, 2024

Actual

49.2

Units In

Points

50.7

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
69.4 May 2021	40.5 May 2020	53.73 Points	2012-2024	Markit Economics

The NEVI Netherlands Manufacturing Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of 400 companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.

Latest Updates

The Nevi Netherlands Manufacturing PMI dropped to 47.0 in October 2024, down from 48.2 in September, marking a deepening contraction in the manufacturing sector and was the worst performance of the year so far. This downturn was driven by a sharp decline in new orders, particularly from international markets, with export orders falling at the fastest rate in over a year, largely due to reduced demand from Germany. Consequently, production and purchasing activity continued to decline, with job shedding accelerating as companies reduced temporary staff. On prices, input costs saw minimal increase, leading output prices to also rise modestly. Looking ahead, firms maintained a positive outlook, supported by growth ambitions and investment plans. However, overall optimism declined to its lowest point of the year, falling further below the historical trend.