Financial News: Dutch Manufacturing Downturn Eases In December

Dutch Manufacturing Downturn Eases In December

01/02/2025 - 04:00:00 (RTTNews)

(RTTNews) - The Dutch manufacturing activiy remained in contraction at the end of the year, but the pace of downturn softened amid slower declines in output and new orders, survey results from S&P Global showed on Thursday.

The Nevi Manufacturing Purchasing Managers' Index rose to 48.6 in December from 46.6 in November. However, any score below 50 indicates contraction in the sector.

A general market downturn caused a sustained fall in new orders in December, but the pace of contraction was the slowest in five months. New export orders also dropped further amid weak demand conditions in Northern Europe, Germany.

Dutch manufacturers cut their output levels due to destocking, weak demand, and input shortages. The rate of decrease eased but was quicker than the 2024 average.

On the price front, input prices rose for the first time in three months, driven by higher material and transport costs. In order to boost sales, firms reduced selling prices further in December.

Looking ahead, goods producers remained upbeat about output expectations over the next year amid hopes of improved international conditions and an upturn in demand from key sectors in the coming months.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In January (10 hr(s), 14 min(s), 29 sec(s) ago)
(RTTNews) - Revised data released by the University of Michigan on Friday showed consumer sentimen ...Full Story»

Eurozone Private Sector Grows In January (10 hr(s), 39 min(s), 29 sec(s) ago)
(RTTNews) - Euro area private sector returned to growth in January as the contraction in manufactu ...Full Story»

U.S. Existing Home Sales Jump Much More Than Expected In December (10 hr(s), 49 min(s), 29 sec(s) ago)
(RTTNews) - A report released by the National Association of Realtors on Friday showed existing ho ...Full Story»

Slovenia Consumer Confidence Weakens Slightly (12 hr(s), 0 min(s),29 sec(s) ago)
(RTTNews) - Slovenian consumers remained slightly more pessimistic at the start of the year, figur ...Full Story»

Hungary Jobless Rate Falls To 4.4% (12 hr(s), 30 min(s), 29 sec(s) ago)
(RTTNews) - Hungary's unemployment rate increased during the October-December period, data fro ...Full Story»

Taiwan Q4 GDP Growth Eases To 1.84% (12 hr(s), 59 min(s), 29 sec(s) ago)
(RTTNews) - Taiwan's economy continued to expand in the final quarter of 2024, though at the ...Full Story»

UK Private Sector Logs Further Marginal Expansion (13 hr(s), 26 min(s), 29 sec(s) ago)
(RTTNews) - The UK private sector activity expanded at the fastest pace in three months in January ...Full Story»

Spain Producer Prices Rise 2.3% In December (14 hr(s), 34 min(s), 29 sec(s) ago)
(RTTNews) - Spain's producer prices increased for the second straight month in December amid a ...Full Story»