Manufacturing output almost 3 percent up in September
Average daily output manufacturing (volume) jaar maand change (year-on-year % change) 2014 October 0.1 2014 November -0.3 2014 December -3.1 2015 January -1.3 2015 February -1.7 2015 March -0.2 2015 April -1.1 2015 May 1.8 2015 June 3.1 2015 July 0.3 2015 August -1.1 2015 September -0.6 2015 October 2.5 2015 November 1.9 2015 December 2.9 2016 January 3.2 2016 February 1.4 2016 March 2.2 2016 April 3.6 2016 May 1.9 2016 June 4 2016 July 2.1 2016 August 2.1 2016 September 3.4 2016 October 0.9 2016 November 3.3 2016 December 6 2017 January 0.8 2017 February 5.4 2017 March 3.6 2017 April 1.3 2017 May 4.4 2017 June 3.4 2017 July 2.8 2017 August 4.3 2017 September 5.6 2017 October 4.2 2017 November 5.7 2017 December 5.6 2018 January 8 2018 February 3.6 2018 March 3.3 2018 April 4.8 2018 May 3.1 2018 June 3.5 2018 July 2.2 2018 August 3.3 2018 September 2.9
|jaar||maand||change (year-on-year % change)|
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.
|change (year-on-year % change)|
|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. Production reached the highest level ever.
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.
- StatLine - Industry; production and sales
- Dossier - Business Cycle