The average daily output of Dutch manufacturing industry was 7 percent higher in August 2010 than in August 2009. In July, output growth was also 7 percent. Over the past few months, manufacturing output was continually below the level of 2008.
With 38 percent, production increased most in the sector transport equipment. With 24 and 11 percent respectively, manufacturing output in electrical engineering and machinery and in basic metals and metal products was also higher than in August 2009. Output in food, drinks and tobacco was marginally above the level of August 2009, whereas in petroleum, chemical, rubber and plastic products output was just under the level of 2009.
Seasonally adjusted figures provide a more reliable picture of short-term production developments. Monthly figures adjusted for seasonal variation often show a somewhat erratic pattern. Therefore, the two-monthly average compared with the previous two-monthly average is a more accurate indicator. After correction for seasonal variation and the number of working days, manufacturing output in the period July–August was 0.2 percent up on the period May–June.
Manufacturing output (volume)