Average daily output manufacturing (volume) (year-on-year % change) jaar maand change 2014 October 0.1 November -0.3 December -3.1 2015 January -1.3 February -1.7 March -0.2 April -1.1 May 1.8 June 3.1 July 0.3 August -1.1 September -0.6 October 2.5 November 1.9 December 2.9 2016 January 3.2 February 1.4 March 2.2 April 3.6 May 1.9 June 4 July 2.1 August 2.1 September 3.4 October 0.9 November 3.3 December 6 2017 January 0.8 February 5.4 March 3.6 April 1.3 May 4.4 June 3.4 July 2.8 August 4.3 September 5.6 October 4.2 November 5.7 December 5.6 2018 January 8 February 3.6 March 3.3 April 4.8 May 3.1 June 3.5 July 2.2 August 3.3 September 2.9
Strongest production growth in metal products industry
Output generated by the metal products industry was almost 6 percent up in September relative to the same month in 2017. The transport equipment industry recorded above-average output growth as well.
|Rubber and plastic products||0.8|
Manufacturing output at highest level ever
A more accurate picture of short-term output developments is obtained when figures are adjusted for seasonal effects and the working-day pattern. After adjustments, an increase is seen in manufacturing output in September of 0.7 percent on the previous month.
Adjusted for seasonal variation, manufacturing output shows an irregular pattern with many ups and downs, but since mid-2014, the overall trend has been upward.
Producer confidence hardly changes in October
Producer confidence among Dutch manufacturers has been fairly stable over the past three months. The overall trend has been downward since the start of this year. However, the confidence indicator remains well above its long-term average over the past two decades.
Germany is an important foreign market for the Dutch manufacturing industry. In October, confidence of German manufacturers (i.e. the IFO index) decreased significantly due to markedly less optimistic business expectations. Growing global uncertainty is increasingly taking its toll on the German economy. The average daily output generated by the German manufacturing industry hardly grew in September year-on-year.
The figures in this publication are provisional and can be adjusted.