Manufacturing output over 10 percent down in September

Decrease in most industries

Most industries produced less than in the same month last year. Among the larger industries, output fell most sharply in the machinery industry, while repair and installation of machinery recorded the largest increase.

Output decreased in September

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, manufacturing output fell by 0.9 percent between August and September.

Adjusted for seasonal and working-day effects, manufacturing output is seen to fluctuate significantly. In the spring of 2020, output declined rapidly and a low point was reached in May 2020. After that, output picked up again, until May 2022. The trend has reversed since then.

Manufacturers less negative in October

Dutch manufacturers were slightly less negative in October than one month previously. They were less negative about the expected output and current stocks of finished products in the next three months.

Germany is an important market for the Dutch manufacturing industry. In October, German entrepreneurs showed lower confidence than in September, according to Eurostat. In September, the average daily output generated by the German manufacturing industry was down by 3.3 percent year on year. Relative to August, output fell by 1.7 percent, as reported by Destatis.