Manufacturing output growth unchanged

05/08/2011 09:30

The average daily output generated by Dutch manufacturing industry was over 2 percent higher in June 2011 than in June 2010. Output growth was the same as in May.

With 20 percent, the most substantial growth was recorded in the sector transport equipment. The sector electrical engineering and machinery and the sector basic metals and metal products also generated more output than in June 2010. However, with 2 and 3 percent respectively, output growth in these sectors was considerably lower than the growth rate in the sector transport equipment. Output realised in the sector food, drinks and tobacco was in the same order of magnitude as twelve months previously. In the sector petroleum, chemical, rubber and plastic products, output declined by 3 percent.

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 to 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 May-June was the same as in the period March-April.

More information on recent developments in the manufacturing industry can be found in the article "Manufacturing industry still suffering from blow credit crunch".

Manufacturing output (volume)

Manufacturing output (volume)

More figures can be found in dossier Business cycle.