Unprecedented growth manufacturing turnover

08/04/2011 15:00

Dutch manufacturers realised a turnover growth by more than 23 percent in February 2011 relative to the same month in 2010. This is the highest turnover growth ever measured in manufacturing industry. Prices of manufactured products were more than 11 percent higher than one year previously.

The sector transport equipment showed the highest turnover growth (+36 percent). Electrical engineering and machinery (+33 percent) and basic metals and metal products (+27 percent) also realised far higher turnover levels. The turnover growth in the sector petroleum, chemical, rubber and plastic products (+28 percent) and the food sector (+13 percent) was almost entirely accounted for by higher prices.

Turnover on the domestic market was 21 percent higher in February than one year previously.  A growth figure of this magnitude has not been realised in the last four years. Turnover growth on the export market was even higher (+25 percent).

Manufacturing turnover

Manufacturing turnover

More figures can be found in dossier Business cycle.