Dutch Business Confidence, July 2022

Business confidence was 8.4 in July compared to 8.1 in June. As a result, the index rose above the zero threshold, separating optimism from pessimism among businesses.

The improvement was driven by more optimistic views on finished goods inventories, which offset more pessimistic views on order books. The attitude towards the expected result has not changed.

Consensus Forecast estimates that fixed investment will rise 2.1% in 2022, down 0.1 percentage point from last month’s estimate, and 2.5% in 2023.