Selling prices in manufacturing industry up by nearly 9 percent

29/10/2010 15:00

In September, factory gate prices in the Dutch manufacturing industry were nearly 9 percent higher than in September 2009. In August, manufactured products were nearly 8 percent more expensive than the year before. After a few months in which the price increases gradually slowed down, the price increase started to increase on the preceding month again. In September, selling prices on the export market were up by more than 10 percent, while prices on the domestic market rose by nearly 7 percent.

Manufacturers in nearly all branches of manufacturing industry increased their prices relative to one year previously. The petroleum refining industry and the chemical industry showed the most substantial price increases with over 25 and nearly 18 percent respectively. Basic metal products manufacturers raised their prices by nearly 16 percent. The food industry saw a further price rise. Its products were more than 7 percent more expensive. 

Selling prices in September were 0.5 percent higher compared to August. The price increase on the domestic market was marginally larger than the price rise on the export market.

Factory gate prices

Factory gate prices