(RTTNews) - Dutch producer confidence improved more than expected in November, the Central Bureau of Statistics reported on Tuesday. The sentiment indicator increased to minus 5.6 in November from minus 7.8 in October. Economists had expected a reading of minus 6.5.

The number of businesses that expected an increase in production in the coming three months were higher than those that foresaw a decline, the statistical office said. Further, respondents’ assessments on inventories were generally positive, while opinions on new orders continued to be negative.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2009 RTTNews.com, Inc. All Rights Reserved

Posted in Categories: Economy, Eurozone, Releases.

Subscribe by RSS Subscribe by Email