Turnover growth manufacturing industry 8 percent

05/08/2011 09:30

Dutch manufacturers realised a turnover growth of 8 percent in June 2011 relative to June 2010. In May, turnover was 24 percent up on one year previously. The working-day and holiday pattern in June 2011 was very different from June 2010. Ascension Day and Whitsun were in June this year instead of May and therefore June 2011 had two working days fewer than June 2010. May had four working days more than May 2010. The negative effect on sales in June is estimated at more than 5 percent. Prices of manufactured products were nearly 9 percent up on one year previously.

With 15 percent, turnover increased most in the sector petroleum, chemical, rubber and plastic products. Higher prices entirely accounted for the increase. With 9 percent, turnover in the sector basic metals and metal products also increased considerably. In this sector, prices and volume were both up on one year previously.

Sales on the export markets were 12 percent higher in June from one year previously, whereas sales on the domestic market grew by 4 percent. Turnover growth realised abroad has been higher than turnover growth on the domestic market for eighteen months now.

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

Manufacturing turnover

Turnover manufacturing industry

More figures can be found in dossier Business cycle.