The average daily output in the Dutch manufacturing industry was 0.3 percent higher in August than one year previously. This is after correction for the positive effect of the composition of working days and the staggered holiday period on production.
Production was higher in nearly all sectors of industry; it was only lower than twelve months previously in the paper industry and the wood industry. The increase was largest in the chemical industry.
To get a more reliable idea of the short-term developments in production, it is best to look at production after correction of seasonal effects. As the corrected figures are often erratic, the two-month average compared with the previous two-month average is used for this.
After correction for working day and seasonal effects, manufacturing production was 1.1 percent lower in the period July-Augustus compared with the period May-June this year. The decrease follows on eight successive increases. Fewer investment goods, raw materials and semi-manufactures in particular were produced than in May-June this year. The production of consumer goods fell slightly.