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7/1/10

Dutch Manufacturing Sees Solid Growth

Dutch manufacturing activity slowed modestly in June but the sector remains in sound health, survey data shows.

Marked Economics announced that the NEVI manufacturing purchasing managers’ index stood at a seasonally adjusted 55.9 in June. A reading above 50 indicates expansion, while one below suggests contraction.

Dutch manufacturing output rose in June, although more slowly than in the previous seven months. This was fueled by a rise in the intake of new orders. Respondents cited demand from the external sector, which was aided by the weak euro, for the faster rise in new work.

For more: Dutch Manufacturing Sees Solid Growth | Daily Markets

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