Manufacturing output up

07/02/2014 15:00
© Roger Dohmen

The average daily output generated by Dutch manufacturing industry was 1.8 percent up in December 2013 from December 2012. In October and November, manufacturing output was also up from twelve months previously, by 2.0 and 0.6 percent respectively.

Output increased most notably in the sectors electrical products and machinery and transport equipment. Relative to December 2012, production levels in these sectors were up by 10.1 and 5.1 percent respectively in December 2013. Output generated by the sector food, drinks and tobacco products (3.7 percent) and the sector basic metal products (2.2 percent) also improved. Output realised by the sector petroleum, chemical, rubber and plastic products, on the other hand, was down by 2.5 percent. Production in the rest of the sector manufacturing industry, e.g. wood products, construction materials, furniture and paper and publishing also declined.

Average daily output manufacturing industry (volume)

Average daily output manufacturing industry (volume)

Seasonally adjusted figures provide a more reliable picture of short-term output developments. Output increased by 2.6 percent in December 2013 relative to November 2013, reaching the highest level in six years time.

Seasonally adjusted average daily output in manufacturing industry

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.