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The NEVI Manufacturing PMI measures the performance of the manufacturing sector in the Netherlands. It is derived from a survey of purchasing managers in over 400 industrial companies, covering areas such as new orders, output, employment, and delivery times. As the Netherlands is a major European logistics and manufacturing hub, this index provides early insights into the broader Eurozone economic activity. A reading above 50 indicates expansion, while below 50 indicates contraction.
The index is calculated as a weighted average of New Orders (30%), Output (25%), Employment (20%), Suppliers' Delivery Times (15%), and Stocks of Purchases (10%). Data are seasonally adjusted to provide a clearer view of underlying trends.