The Dutch producer confidence index increased to a 5-month high of 7.2 in November 2018 from 5.9 in the previous month, as manufacturers became more optimistic about their expected activity (6.7 vs 5.2 in October). There was also an improvement in entrepreneurs' opinion on order book levels (13.1 vs 12.6) and their views on the stocks of finished products (1.9 vs 0.0). Business Confidence in Netherlands averaged 0.78 Index Points from 1985 until 2018, 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 5.70 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 6.20 in 12 months time. In the long-term, the Netherlands Business Confidence is projected to trend around 2.00 Index Points in 2020, according to our econometric models.