Manufacturing output prices 3 percent down in September
![](https://cdn.cbs.nl/images/664255437331586a6f6e6c4a51385a453637374745413d3d/900x450.jpg)
Year | Month | change (year-on-year % change) |
---|---|---|
2019 | October | -1.5 |
2019 | November | 0.2 |
2019 | December | 2.9 |
2020 | January | 2.2 |
2020 | February | 0.9 |
2020 | March | -3.8 |
2020 | April | -8 |
2020 | May | -7.8 |
2020 | June | -5.5 |
2020 | July | -4.8 |
2020 | August | -4.2 |
2020 | September | -5.3 |
2020 | October | -5 |
2020 | November | -4.6 |
2020 | December | -4.1 |
2021 | January | -1.8 |
2021 | February | 0.9 |
2021 | March | 7.1 |
2021 | April | 12.3 |
2021 | May | 13.1 |
2021 | June | 12.6 |
2021 | July | 14.1 |
2021 | August | 15.2 |
2021 | September | 17.1 |
2021 | October | 20.5 |
2021 | November | 20.9 |
2021 | December | 19.8 |
2022 | January | 21.7 |
2022 | February | 22 |
2022 | March | 26.1 |
2022 | April | 29.1 |
2022 | May | 29 |
2022 | June | 30.5 |
2022 | July | 28.3 |
2022 | August | 25.2 |
2022 | September | 23.1 |
2022 | October | 20.8 |
2022 | November | 17.1 |
2022 | December | 14.1 |
2023 | January | 11.4 |
2023 | February | 8.2 |
2023 | March | 1.6 |
2023 | April | -2.6 |
2023 | May | -5.2 |
2023 | June | -7.2 |
2023 | July | -7.8 |
2023 | August | -5 |
2023 | September | -3 |
Smaller year-on-year decrease in crude oil price
Output prices are strongly affected by crude oil price developments. In September, the average price of a barrel stood at 86.5 euros, i.e. almost 5 percent less than in the same month last year. In August 2023, a barrel of North Sea Brent oil cost 78 euros, over 19 percent less than one year previously.
Prices of petroleum derivatives were down by 3.5 percent year on year in September; they were down by 14.8 percent in August. In the chemical industry as well, output prices are generally linked to crude oil price developments. Output prices of chemical products were 17.2 percent lower than in September 2022. In August, they were down by 19.6 percent year on year.
Category | % change (year-on-year % change) |
---|---|
Cars | 4.2 |
Machinery | 3.7 |
Electronic products | 1.6 |
Food products | 1.3 |
Metal products | -2.3 |
Rubber and plastic | -2.4 |
Petroleum products | -3.5 |
Chemical products | -17.2 |
*Altogether, the eight industries referred to account for almost 80 percent of the total Dutch manufacturing industry |
Manufacturing output prices rose in September
Relative to August, manufacturing output prices rose by 1.4 percent in September. Prices increased by 2.0 percent on the export market and by 0.8 percent on the domestic market.
Year | Month | (2015=100) (2015=100) |
---|---|---|
2019 | October | 106 |
2019 | November | 106.1 |
2019 | December | 106.7 |
2020 | January | 107 |
2020 | February | 106.3 |
2020 | March | 102.2 |
2020 | April | 99.1 |
2020 | May | 99.4 |
2020 | June | 100.6 |
2020 | July | 101.2 |
2020 | August | 101.1 |
2020 | September | 100.5 |
2020 | October | 100.8 |
2020 | November | 101.2 |
2020 | December | 102.3 |
2021 | January | 105 |
2021 | February | 107.2 |
2021 | March | 109.4 |
2021 | April | 111.2 |
2021 | May | 112.5 |
2021 | June | 113.3 |
2021 | July | 115.5 |
2021 | August | 116.5 |
2021 | September | 117.7 |
2021 | October | 121.4 |
2021 | November | 122.4 |
2021 | December | 122.6 |
2022 | January | 127.8 |
2022 | February | 130.7 |
2022 | March | 137.9 |
2022 | April | 143.6 |
2022 | May | 145.1 |
2022 | June | 147.8 |
2022 | July | 148.1 |
2022 | August | 145.9 |
2022 | September | 144.9 |
2022 | October | 146.6 |
2022 | November | 143.3 |
2022 | December | 139.9 |
2023 | January | 142.4 |
2023 | February | 141.4 |
2023 | March | 140.2 |
2023 | April | 139.9 |
2023 | May | 137.6 |
2023 | June | 137.2 |
2023 | July | 136.6 |
2023 | August | 138.5 |
2023 | September | 140.5 |
Sources
Related items
- Dossier - Business cycle