Dutch producer confidence in the economy rose sharply in July, going up from -15.1 to -8,7, national statistics agency CBS said on Thursday.
The new figures show a continual rise since April when the index plunged from 0.2 to an all-time-low of -28.7, the biggest drop recorded in the history of the index, which the CBS began in 1985.
Confidence has improved across all manufacturing sectors, with the wood and construction materials sector now again in positive figures, the CBS said. The clothing industry booked the biggest improvement.
Factory gate prices have also improved, but remain down 5.4% on a year ago.
Thank you for donating to DutchNews.nl
The DutchNews.nl team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments.
DutchNews.nl has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.