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

South Korea Rate Decision On Tap For Tuesday (04 hr(s), 34 min(s), 03 sec(s) ago)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Tuesday and then announc ...Full Story»

Slovenia Business Confidence Improves Slightly (06 hr(s), 59 min(s), 03 sec(s) ago)
(RTTNews) - Pessimism among Slovenian businesses eased modestly in February as the confidence indi ...Full Story»

Cyprus HICP Inflation Slows In January (07 hr(s), 44 min(s), 03 sec(s) ago)
(RTTNews) - Cyprus' inflation based on the EU measure slowed in January after accelerating in ...Full Story»

Two-Year Note Auction Attracts Below Average Demand (08 hr(s), 56 min(s), 03 sec(s) ago)
(RTTNews) - The Treasury Department announced the results of this month's auction of $69 billi ...Full Story»

Belgium Business Confidence Improves Slightly (12 hr(s), 32 min(s), 03 sec(s) ago)
(RTTNews) - Belgium's business confidence rose somewhat in February amid better business condi ...Full Story»

Malta HICP Inflation Remains Stable At 1.8% (13 hr(s), 08 min(s), 03 sec(s) ago)
(RTTNews) - Malta's EU measure of inflation held steady at the start of the year after easing ...Full Story»

Latvian Jobless Rate Rises In Q4 (13 hr(s), 39 min(s), 03 sec(s) ago)
(RTTNews) - Latvia's unemployment rate increased slightly in the final quarter of 2024 after f ...Full Story»

Poland Retail Sales Expand Most In 8 Months (14 hr(s), 51 min(s), 03 sec(s) ago)
(RTTNews) - Poland's retail sales growth accelerated to the highest level in eight months in J ...Full Story»