FOREX TradingCharts.com

Financial News: Dutch Business Confidence Lowest In 20 Months

Dutch Business Confidence Lowest In 20 Months

10/28/2022 - 06:22:00 (RTTNews)

(RTTNews) - Dutch business confidence deteriorated to the lowest level in over one-and-a-half years in October, as producers' were less positive about their order positions, data from the Central Bureau of Statistics showed on Friday.

The producer confidence weakened to 2.5 in October from 2.6 in September. The confidence eroded for the third straight month.

The latest reading was the lowest since February 2021, when it was 0.1. However, this was well above the long-term average score of 1.1.

In October, entrepreneurs were less positive about the order position and were somewhat less negative about expected production and their opinion about the stock of finished products, the agency said.

There were less entrepreneurs who expected their production to increase in the coming three months than those who predicted a decline, the agency added.

Producers in the electrical and machine industry were more positive in October.

The capacity utilization rate in industry stood at 82.7 percent at the start of the fourth quarter, the CBS said.

Separate data from CBS showed that selling prices of Dutch industry were on average 22.9 percent higher in September from a year ago. In August, prices rose 25.1 percent.

The large price increases were mainly due to increased costs for energy, raw materials and transport, the CBS said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Greek Economy Shrinks For First Time In 2 Years On Energy Subsidies (12 min(s), 41 sec(s) ago)
(RTTNews) - Greece's economy turned to contraction for the first time since the third quarter ...Full Story»

Eurozone Q3 GDP Growth Revised Up To 0.3% On Household Spending, Investment (25 min(s), 41 sec(s) ago)
(RTTNews) - The euro area economy posted a better-than-initially estimated growth in the third qua ...Full Story»

Finland Trade Deficit Widens In October (01 hr(s), 06 min(s), 41 sec(s) ago)
(RTTNews) - Finland's trade deficit widened in October as the increase in imports exceeded the ...Full Story»

Reserve Bank Of India Slows Rate Hikes On Weaker Growth Outlook (01 hr(s), 22 min(s), 41 sec(s) ago)
(RTTNews) - India's central bank raised its benchmark interest rates for the fifth policy meet ...Full Story»

Taiwan Exports Fall Most In Nearly 7 Years (01 hr(s), 28 min(s), 41 sec(s) ago)
(RTTNews) - Taiwan's exports declined for the third straight month in November, and at the fas ...Full Story»

Philippines Industrial Production Rises; Jobless Rate Falls To 4.5% (03 hr(s), 24 min(s), 41 sec(s) ago)
(RTTNews) - The Philippines' industrial production index increased in October and the unemploy ...Full Story»

Italy Retail Sales Fall 0.4% In October (03 hr(s), 27 min(s), 41 sec(s) ago)
(RTTNews) - Italy's retail sales decreased in October after rebounding in the previous month, ...Full Story»

Will Germany Avoid A Recession On Industrial Resilience? (03 hr(s), 39 min(s), 41 sec(s) ago)
(RTTNews) - Germany industrial production dropped only slightly in October despite the sharp weakn ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Greek Economy Shrinks For First Time In 2 Years On Energy Subsidies

12/07/2022 - 08:01 AM (RTTNews)
(RTTNews) - Greece's economy turned to contraction for the first time since the third quarter ...Full Story>>

Eurozone Q3 GDP Growth Revised Up To 0.3% On Household Spending, Investment

12/07/2022 - 07:48 AM (RTTNews)
(RTTNews) - The euro area economy posted a better-than-initially estimated growth in the third qua ...Full Story>>

Finland Trade Deficit Widens In October

12/07/2022 - 07:07 AM (RTTNews)
(RTTNews) - Finland's trade deficit widened in October as the increase in imports exceeded the ...Full Story>>

Reserve Bank Of India Slows Rate Hikes On Weaker Growth Outlook

12/07/2022 - 06:51 AM (RTTNews)
(RTTNews) - India's central bank raised its benchmark interest rates for the fifth policy meet ...Full Story>>

Taiwan Exports Fall Most In Nearly 7 Years

12/07/2022 - 06:45 AM (RTTNews)
(RTTNews) - Taiwan's exports declined for the third straight month in November, and at the fas ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.