Netherlands: Economic sentiment rises to over two-year high in September
Latest reading: Economic sentiment rose to 101.1 in September from August’s 100.6. September’s result marked the best reading since May 2022. Consequently, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected improved sentiment in the construction sector and stronger confidence among consumers. Meanwhile, confidence in the services sector waned in September, while sentiment in the retail and industrial sectors weakened in the surveyed month.
Regarding indicators that are not used to calculate the index, employment expectations were healthier, while the economic uncertainty index fell in September.