Lower output manufacturing industry

Average daily output of Dutch manufacturing industry in August was more than 2 percent up on one year previously. Output growth was distinctly lower than in July and back to the level of May and June.

Production was higher in almost all sectors of manufacturing industry compared to August 2006. The most substantial increase (6 percent) was in the textiles, clothes and leather industry. Just as in July, chemicals achieved better results with an increase of about 5 percent.

For a more reliable picture of short-term production developments, it is best to look at the production figures after correction for seasonal effects. As monthly figures are often somewhat erratic, the two-monthly average compared with the previous two-monthly average is preferred.

After correction for working days and seasonal effects, manufacturing production in the period July-August was equal to the period May-June.

Manufacturing output