Manufacturing output prices hardly changed

These are the most recent figures on this topic. View the previous figures here.
© ANP / Jean-Pierre Geusens
Statistics Netherlands (CBS) reports that output prices for Dutch-manufactured products were 0.1 percent lower on average in April 2024 relative to one year previously. In March, the price drop was 0.8 percent year on year.

YearMonthchange (year-on-year % change)
2020May-5.6
2020June-4.1
2020July-3.6
2020August-3.3
2020September-4
2020October-3.8
2020November-3.5
2020December-3.1
2021januari-1.3
2021februari0.5
2021maart5.2
2021april9.4
2021mei9.9
2021juni9.9
2021juli11.6
2021augustus12.5
2021september13.6
2021oktober16.3
2021november16.8
2021december16.1
2022januari18
2022februari18.2
2022maart20.8
2022april23.5
2022mei23.8
2022juni24.9
2022juli23.8
2022augustus21.7
2022september19.9
2022oktober18.1
2022november15.5
2022december13.3
2023januari11.1
2023februari8.7
2023maart4
2023april0.2
2023mei-1.9
2023juni-3.7
2023juli-5.2
2023augustus-3.2
2023september-1.5
2023oktober-3.2
2023november-2.6
2023december-1.9
2024January-2.9
2024February-1.8
2024March-0.8
2024April-0.1

Larger year-on-year increase in crude oil prices

Output prices are strongly influenced by the price of crude oil. In April, a barrel of North Sea Brent crude cost 83 euros, almost 9 percent more than one year previously. In March, the average price of a barrel of crude stood at almost 78 euros, which was over 5 percent higher than one year previously.

Year on year, prices for petroleum derivatives were up by 1.0 percent in April, while in March they were down by 1.5 percent. In the chemical industry too, output prices tend to track the price of crude oil. Output prices for chemical products were 2.9 percent lower than they were in April 2023. In March 2024, they were down by 5.0 percent year on year.

Category% change (year-on-year % change)
Machinery4.3
Electronic products1.7
Petroleum products1
Food products0.8
Cars0.3
Rubber and plastic-2.2
Chemical products-2.9
Metal products-4.1
*Altogether, the eight industries referred to account for almost 80 percent of the total Dutch manufacturing industry

Manufacturing output prices rose in April

Output prices rose by 0.8 percent in April compared to March. Prices in export markets rose by 1,1 percent and in domestic markets by 0.2 percent.

YearMonth(2015=100) (2015=100)
2020May89.5
2020June90.1
2020July90.5
2020August90.3
2020September90
2020October90.2
2020November90.5
2020December91.2
2021januari93.1
2021februari94.5
2021maart96.1
2021april97.6
2021mei98.4
2021juni99
2021juli101
2021augustus101.6
2021september102.3
2021oktober104.8
2021november105.6
2021december105.8
2022januari109.9
2022februari111.7
2022maart116.2
2022april120.6
2022mei121.8
2022juni123.8
2022juli125
2022augustus123.7
2022september122.7
2022oktober123.9
2022november121.9
2022december119.9
2023januari122.2
2023februari121.5
2023maart120.8
2023april120.9
2023mei119.6
2023juni119.2
2023juli118.6
2023augustus119.7
2023september120.8
2023oktober119.9
2023november118.8
2023december117.6
2024January118.6
2024February119.3
2024March119.8
2024April120.7