The average daily output generated by Dutch manufacturing industry was 2.1 percent up in October 2013 from October 2012. In September, manufacturing output was 0.5 percent up on twelve months previously. September was de first month in 2013 that output was above the level in the corresponding month in 2012.
Output increased almost across the board in October. Output generated by the sector electrical products and machinery and by the sector transport equipment grew by 5.6 percent. Output levels in the sector food, drinks and tobacco products (4.6 percent) and basic metal products (3.6 percent) were also higher. After three months of decline, output generated by the sector petroleum, chemical, rubber and plastic products remained fairly stable compared to twelve months previously (+0.1 percent).
Average daily output manufacturing industry (volume)
Seasonally adjusted figures provide a more reliable picture of short-term output developments. Output rose by 0.4 percent in October relative to September 2013. The increase is less substantial than in the preceding month. September’s manufacturing output was 1.7 percent up from August.
Seasonally adjusted average daily output in manufacturing industry
More figures can be found in the dossier Business cycle.For more information on economic indicators, the reader is referred to the Economic Monitor.