Dutch manufacturers faced a nearly 4 percent turnover loss in May 2012 relative to May 2011. Sales on the foreign markets declined by 4 percent, sales on the domestic market were 3 percent down from twelve months previously. The working-day and holiday pattern was less favourable in May 2012 than in May 2011.This had a negative effect on sales of approximately 3 percent.
The growth of manufacturing output gradually slackened over the past twelve months and has now turned into decline. This was largely attributable to a slowdown in the increase of selling prices in manufacturing industry since the summer of 2011. In May 2012, prices of manufactured products were more than 2 percent up from one year previously.
Manufacturing turnover declined nearly across the board. The sector petroleum, chemical, rubber and plastic products was the only one to achieve turnover growth.
More figures can be found in dossier Business cycle.