(RTTNews) - Dutch manufacturing growth accelerated sharply in December led by higher demand, survey data showed on Monday.
The Markit-NEVI manufacturing purchasing managers' index came in at a seasonally adjusted 57.5, up from 56.5 in the previous month. A reading above 50 indicates expansion, while one below suggests contraction.
Dutch manufacturing output rose for the 18th successive month and at the fastest pace since May in December. Respondents cited higher demand from both domestic and international markets.
New export order growth quickened to the fastest pace since April, with panelists especially highlighting increased orders from the American and Chinese markets.
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