Growth manufacturing output 3 percent

08/09/2011 15:00

The average daily output generated by Dutch manufacturing industry was 3 percent higher in July 2011 than in July 2010. Production growth was slightly higher than in June. Production increased in all branches of manufacturing industry in July.

With 23 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 July 2010, but, with 8 and 5 percent respectively, output growth in these two sectors was considerably lower than the growth rate in the sector transport equipment. Output realised in the sector food, drinks and tobacco was 1 percent up on twelve months previously. In the sector petroleum, chemical, rubber and plastic products, output was only marginally up on one year previously.

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 June-July was 0.3 percent up on the period April-May.

Manufacturing output (volume)

Manufacturing output (volume)

More figures can be found in dossier Business cycle.