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Netherlands Manufacturing Production MoM climbed to 3.3% in August 2026, released October 2026, up 1.2% from July's 2.1% reading. The print exceeded the -0.6% consensus by 3.9%. Manufacturing Production MoM has now risen for 3 consecutive months. Over the past 3 months, Manufacturing Production MoM averaged 0.15%, vs 1.43% in the prior 3-month window. Manufacturing Production MoM is now the highest in 31 months.
across last 12 releases
Oct 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| GBP/USD | ▼ Inverse | −0.40 | FOREX | Moves against | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Manufacturing Production MoM (Netherlands) was reported at 3.3% in October 2026. This beat the market consensus of -0.6% by 3.9%. The reading rose from the previous value of 2.1%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 0.58%, ranging from -1.3% to 3.3% across 10 releases.
The indicator has been trending upward over the last three releases. The trailing three releases averaged 1.2%, up from the prior three at 0.63%. Volatility over the past year (σ 1.2%) is comparable than the prior year (σ 1.31%). In October readings over the past 3 years, Manufacturing Production MoM has averaged 2.37%.
Historically, this indicator is negatively correlated with GBP/USD (Bearish GBP). A secondary relationship exists with USD/JPY, negatively correlated (Bearish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 1.36%.
The next release is scheduled for November 10, 2026. Same-country events in the next 14 days include Inflation Rate YoY (Nov 4).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
Manufacturing Production MoM (Month-over-Month) is a key economic indicator that measures the change in the total output of goods produced by the manufacturing sector in a given month. This indicator provides valuable insights into the health and performance of the manufacturing industry, which is a crucial component of a country's overall economic growth. A positive change in Manufacturing Production MoM indicates an increase in production and can be seen as a sign of economic expansion, while a negative change may signal a decline in manufacturing activity. This indicator is closely monitored by investors, policymakers, and analysts to make informed decisions and forecasts about the state of the economy.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (Aug 2026): actual 3.3 %, consensus -0.6 %. Prior reading (Jul 2026): 1.6 %. Before that (Jun 2026): -1.3 %.
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with GBP/USD (Bearish GBP, r=-0.40) — a useful reference for forex-focused traders.
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| Monday, November 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 05:30 | Business Confidence | 2.3 | 4.2 | 3 | 2.65 | Low | |
| 05:30 | Retail Sales YoY | 3.5 | 2.8 | 2.75 | Low | ||
| 06:00 | NEVI Manufacturing PMI | 55.6 | 54.9 | 54.60 | Low | ||
| Wednesday, November 4, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 05:30 | Inflation Rate YoY | 3.4 | 3.6 | 3.60 | Medium | ||