Dutch industrial growth slows slightly in December, but confidence remains high

Dutch industrial activity grew slightly less in December compared with November, according to the Dutch Association for Purchasing Management (Nevi), which tracks monthly industrial performance. Researchers noted a smaller rise in new orders, resulting in a drop in overall production.

The research indicated a decline in international sales, which weighed on production. Nevi noted that the industry closed the year on a “slightly weaker note.” Nevertheless, industrial employment rose again, and manufacturers’ confidence for the year ahead showed improvement, the organization reported.

Nevi’s Purchasing Managers’ Index (PMI), a measure of industrial activity, recorded 51.1 in December, slightly lower than November’s 51.8. A reading above 50 signals growth, while a reading below 50 indicates contraction.

According to Nevi, business confidence has climbed to a ten-month high, driven by optimistic order forecasts, the introduction of new products, and favorable growth projections. The survey gathers responses from around 350 purchasing managers.

“Production and new export orders both dipped slightly, but the industry remains positive about 2026. Most respondents anticipate growth next year, supported by rising investments and new product launches,” said ABN AMRO sector economist Albert Jan Swart. The bank forecasts that Dutch industry could expand by 3 percent this year, driven in part by growing demand for machinery.