Steady growth manufacturing output

08/07/2016 15:00
According to Statistics Netherlands (CBS), the average daily output generated by Dutch manufacturing industry was 1.1 percent up in May 2016 from the same month last year. Relative to April, growth slowed down. Output realised in the sector transport equipment increased noticeably in May, but output slumped in the machinery industry.

Average daily output manufacturing (volume)

Again considerable production growth in transport equipment sector

Output generated by the sector transport equipment (cars, buses and trucks) grew by more than 16 percent. Output growth in the chemical industry, electrical appliances, the food sector and rubber and plastic products was also above average, but production realised in the machinery industry shrank further.

Average daily output by sector

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

Positive trend manufacturing output

Figures adjusted for seasonal effects and working days provide a more reliable picture of short-term output developments. From April to May 2016, manufacturing output fell by 0.4 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

Mood among Dutch manufacturers remains positive

As CBS reported last week, confidence among Dutch manufacturers improved further in June, reaching the highest level in more than half a decade. The mood was measured in the first half of June, i.e. prior to the UK referendum about EU membership

Germany is an important foreign market for Dutch manufacturing industry. The mood among German manufacturers improved in June compared to May. The production level in Germany was somewhat lower in May than in April.

The numbers in this publication are provisional and can be adjusted


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