Growth Dutch manufacturing output

15/06/2016 15:00
According to Statistics Netherlands (CBS), the average daily output generated by Dutch manufacturing industry was 2.8 percent up in April 2016 from the same month last year. The transport equipment industry and the electrical appliances industry realised the highest output growth, the machinery industry showed the highest downturn.

Average daily output manufacturing (volume)

Again considerable production growth in transport equipment sector

Output generated by the sector transport equipment (cars, buses, lorries) grew by nearly 17 percent. Output growth in the sector electrical appliances, the food sector and the chemical industry was also above average. Production realised in the metal, the pharmaceutical and the machinery industry was lower than in April 2015.

Average daily output by sector

Altogether, the branches referred to in the above graph account for approximately 70 percent of total manufacturing output.

Trend manufacturing output is positive

Figures adjusted for seasonal variation and calendar effects provide a more reliable picture of short-term output developments. From March 2016 to April 2016 manufacturing output increased by 1.3 percent.

Adjusted for seasonal variation manufacturing output shows an irregular pattern with many ups and downs. Since mid-2014, the trend has been upward.

Seasonally adjusted average daily output manufacturing

Optimism among Dutch manufacturers continues

Several weeks ago Statistics Netherlands (CBS) reported that Dutch manufacturers were slightly less positive than in April, but confidence among manufacturers is still well above its long-term average over the past two decades. Since October 2014, optimism has prevailed among Dutch manufacturers.

The mood among German manufacturers, on the other hand, improved in May compared to April. Germany is an important foreign market for Dutch manufacturing industry. The production level in Germany was also higher in April.

The numbers in this publication are provisional and can be adjusted

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