Decrease in manufacturing output less substantial

09/08/2013 09:30

The average daily output generated by Dutch manufacturing industry in June 2013 was 1.0 percent down from June 2012. Manufacturing output has been down from one year previously for six months in a row now, but the contraction in June was slightly less substantial than in the first five months of 2013.

At 6.9 percent, the largest output decline was recorded in the sector electrical products and machinery. Output realised by the sectors basic metal products (5.8 percent) and transport equipment (4.7 percent) was also substantially lower than one year previously. The sector petroleum, chemical, rubber and plastic products, on the other hand, generated a 0.9 percent output growth in June after a severe drop in the preceding months. Output generated by the sector food, drinks and tobacco also improved: production in this sector rose by 3.4 percent relative to twelve months previously.

Average daily output in manufacturing industry (volume)

Average daily output in manufacturing industry (volume)

Seasonally adjusted figures provide a more reliable picture of short-term output developments. Output fell by 0.1 percent in June relative to May. Production levels have been fairly stable over the past six months.

Seasonally adjusted average daily output in manufacturing industry

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.