FX.co ★ Dutch Factory Growth Eases Slightly in June

The Nevi Netherlands Manufacturing PMI eased slightly to 55.5 in June 2026 from 55.9 in May, remaining the second-highest level in four years and indicating another strong improvement in factory activity. Growth was underpinned by solid new orders, with firms reporting new projects, stronger customer demand, and stockpiling ahead of anticipated price increases amid supply chain disruptions related to the Middle East conflict. Output continued to rise, supported by both domestic and export demand, while employment increased for a second consecutive month at the fastest rate in nine months. Backlogs of work grew at the sharpest pace in four years despite ongoing efforts to expand capacity. Companies also increased purchasing and inventories in response to supply shortages, even as delivery delays remained significant. On the price front, input cost inflation slowed to its lowest level since March but stayed elevated, driven by higher energy, raw material, and transport costs, while output price inflation accelerated to its highest rate since October 2022.