The Dutch manufacturing activity lost growth momentum in October amid slower rises in output and new orders, survey data from S&P Global showed on Monday.
The Nevi manufacturing Purchasing Managers' Index dropped to 51.8 in October from September's 38-month high of 53.7. However, a score above 50.0 indicates expansion in the sector.
New orders grew at a weaker pace in October, and the overall expansion was driven by a renewed expansion in export orders on the back of higher demand from Europe and the Asia-Pacific region in particular.
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