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Monday, April 3, 2017

Dutch Manufacturing Sector Continues To Expand

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The Dutch manufacturing sector continued to expand in March but the pace of growth eased from February, survey data from IHS Markit showed Monday.

The headline NEVI Purchasing Managers' Index fell to 57.8 in March from 58.3 in February.

Despite dipping slightly, the index was still markedly above the survey average and indicated improving business conditions, survey showed.

March data highlighted sharp increases in output, new orders and employment. Meanwhile input price inflation remained high, underpinned by a rise in commodity prices.

Increased costs were often passed on to customers resulting in the steepest rise in output prices seen since June 2011.


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April 03, 2017 at 01:03PM

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