Continued decline for manufacturing output
Output levels in the Dutch manufacturing industry in May 2013 were 1.8 percent below the level of twelve months previously. The contraction was larger than in April, when output was 1.3 percent down from one year previously. Industrial production has been in decline for five consecutive months now.
At 7.5 percent, the largest decrease was recorded in the sector transport equipment. Output realised by the sectors petroleum, chemical, rubber and plastic products (5.1 percent) and electrical products and machinery (4.2 percent) was also down from one year previously. In the sector basic metal products, production fell by 1.5 percent. Output generated by the sector food, drinks and tobacco improved for the fifth month running: production in this sector rose by 3.0 percent.
Average daily output in manufacturing industry (volume)
Seasonally adjusted figures provide a more reliable picture of short-term output developments. In May, output fell by 0.6 percent.
Seasonally adjusted average daily output in manufacturing industry
More figures can be found in dossier Business cycle.
For more information on economic indicators, the reader is referred to the Economic Monitor.