2019.10.0103:18:00UTC+00Dutch Manufacturing Sector Expands Moderately

The Dutch manufacturing sector expanded moderately in September, survey results from IHS Markit showed Tuesday.

The NEVI manufacturing Purchasing Managers' Index held steady at 51.6 in September. A reading above 50 indicates expansion in the sector.

Central to the subdued improvement in business conditions was easing new order growth, resulting in a slower rate of output expansion, the survey showed.

Inflationary pressures weakened in September. Input prices climbed only marginally, while the rate of output price inflation was markedly below the long-run series' average.

Dutch manufacturers' expectations regarding output over the next 12 months remained positive overall.