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Financial News: Dutch Manufacturing Sector Expands Moderately

Dutch Manufacturing Sector Expands Moderately

10/01/2019 - 03:18:00 (RTTNews)

(RTTNews) - The Dutch manufacturing sector expanded moderately in September, survey results from IHS Markit showed Tuesday.

The NEVI manufacturing Purchasing Managers' Index held steady at 51.6 in September. A reading above 50 indicates expansion in the sector.

Central to the subdued improvement in business conditions was easing new order growth, resulting in a slower rate of output expansion, the survey showed.

Inflationary pressures weakened in September. Input prices climbed only marginally, while the rate of output price inflation was markedly below the long-run series' average.

Dutch manufacturers' expectations regarding output over the next 12 months remained positive overall.

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