Manufacturing turnover growth halved

09/12/2011 15:00

Dutch manufacturers realised a turnover growth of nearly 7 percent in October 2011 compared with twelve months previously. This is half the turnover growth of September, when it was over 13 percent. Prices of manufactured products were more than 8 percent higher than in October 2010.

Although the sector petroleum, chemical, rubber and plastic products saw turnover grow by 11 percent, factory gate prices rose by 16 percent. The transport equipment sector realised 5 percent more turnover, just as the sector basic metals and metal products. Turnover in the food sector was 6 percent up, with higher food prices accounting entirely for the increase. Turnover generated in the sector electrical engineering and machinery was around the level of twelve months previously.

Sales on the export market were 6 percent higher in October; sales on the domestic market grew by 8 percent. For the first time in almost two years, turnover growth on the export market was smaller than turnover growth on the domestic market.

Manufacturing turnover

Manufacturing turnover

More figures can be found in dossier Business cycle.