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Netherlands NEVI Manufacturing PMI fell to 53.8 in August 2026, released September 2026, down 0.6 from July's 54.4 reading. The reading matched the 54.7 consensus. NEVI Manufacturing PMI has now declined for 4 consecutive months. Over the past 3 months, NEVI Manufacturing PMI averaged 54.95, vs 54.1 in the prior 3-month window. The reading is in the 79th percentile of the trailing 24-month range.
across last 12 releases
Sep 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.34 | INDEX | Moves against | → View |
| BTC/USD | ▲ Direct | +0.32 | CRYPTO | Moves with | → View |
| XAU/USD | ▲ Direct | +0.29 | COMMODITIES | Moves with | → View |
| GBP/USD | ▲ Direct | +0.28 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
NEVI Manufacturing PMI (Netherlands) was reported at 53.80 in September 2026. This missed the market consensus of 54.70 by 0.90. The reading fell from the previous value of 54.40. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 52.81, ranging from 50.10 to 55.90 across 11 releases.
The indicator has been trending downward over the last three releases. The trailing three releases averaged 54.57, up from the prior three at 52.90. Volatility over the past year (σ 1.86) is higher than the prior year (σ 1.54). In September readings over the past 3 years, NEVI Manufacturing PMI has averaged 51.13.
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with BTC/USD, positively correlated (Bullish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 0.88.
The next release is scheduled for October 1, 2026. Same-country events in the next 14 days include Unemployment Rate (Sep 17) and Consumer Confidence (Sep 22).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
NEVI Manufacturing PMI is a widely recognized financial indicator that measures the performance of the manufacturing sector in the Netherlands. It is based on a monthly survey of purchasing managers from various industries, providing valuable insights into the current economic conditions and future outlook for the manufacturing industry. This indicator is closely monitored by investors, businesses, and policymakers as it can help inform decision-making and provide a comprehensive overview of the health of the Dutch economy.
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. 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 53.8, consensus 54.7. Prior reading (Jul 2026): 54.4. Before that (Jun 2026): 55.5.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
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| Thursday, September 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 04:30 | Unemployment Rate | 4 | 4.1 | 4.00 | Medium | ||