Manufacturing output marginally up
The average daily output generated by Dutch manufacturing industry was 0.4 percent up in November 2013 from November 2012. In September and October, manufacturing output was also up from twelve months previously, by 0.4 and 2.4 percent respectively.
Output increased almost across the board in November relative to twelve months previously. With 9.0 percent, the most substantial output growth was generated in the sector transport equipment. Production levels in the sector food, drinks and tobacco products were 2.7 percent higher. Output generated by the sector basic metal products and the sector electrical products and machinery grew by 2.6 and 2.4 percent respectively. Output realised by the sector petroleum, chemical, rubber and plastic products, on the other hand, was down by 0.3 percent. Production in the rest of the sector manufacturing industry, e.g. wood products, construction materials, furniture and paper and paper products also declined.
Average daily output manufacturing industry (volume)
Seasonally adjusted figures provide a more reliable picture of short-term output developments. Output fell by 0.5 percent in November 2013 relative to October 2013. In the two months prior to the decrease, production levels had been up from the preceding month.
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.