Dutch Producer Confidence At 30-Month High

(RTTNews) - Dutch producer confidence climbed to its highest level in two-and-a-half years in December, the latest report from Statistics Netherlands showed Tuesday.

The headline producer confidence index rose to -0.1 in December from -0.4 in November. This was the highest reading since June 2011, according to the latest data.

Firms' assessment of stocks of finished products improved with the corresponding indicator rising to 3.1 in December from 0.6 in November.

Manufacturers' expectations about the future business activity, however, weakened slightly in December with the corresponding index falling to 3 from 3.4 in November. Their opinion about order books were also less optimistic. The relevant index fell to -6.3 from -5.1 in the previous month.