Selling prices of the Dutch manufacturing industry were 1.7 percent lower in December 2013 than in December 2012. The price fall was less substantial than in November, when manufactured products were 2.7 percent cheaper. Prices fell for the sixth month in a row, mainly as a result of lower prices for petroleum derivatives and chemical products.
Prices of petroleum derivatives declined by 3.9 percent in December. Prices in this sector are seriously affected by crude oil price developments. Prices of chemical products were 3.5 percent lower. Prices of basic metal products and prices of food, drinks and tobacco products were respectively 3.2 and 1.6 percent down. Prices of leather products and electrical appliances, on the other hand, rose quite substantially: by 4.0 and 3.6 percent respectively.
Selling prices of manufactured products were marginally up in December 2013 compared to November 2013. Prices on the foreign and the domestic market rose by 0.4 and 0.3 percent respectively.
Index selling prices
More figures can be found in dossier Business cycle.For more information on economic indicators, the reader is referred to the Economic Monitor.