Dutch manufacturing industry is still thriving. The average daily output in the Dutch manufacturing industry in January was almost 5 percent higher than one year previously. This is after correction for the effect of the composition of working days.
Production was higher in all sectors of industry The increase was largest (9 percent) in the wood, construction materials and furniture industry. January’s mild temperatures played an important part in this respect. With an increase of almost 9 percent, metal industry did well too.
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 in the period December-January almost 2 percent up on the period October-November. Notably more investment goods and raw materials and semi-manufactured goods too were produced than in October-November last year.