Manufacturing output prices 0.5 percent lower in May

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Statistics Netherlands (CBS) reports that output prices for Dutch-manufactured products were 0.5 percent lower, on average in May 2025 relative to one year previously. In April, prices were 1.0 percent higher year on year.

Smaller year-on-year decrease in crude oil prices

Output prices are generally strongly influenced by the price of crude oil. In May 2025, the average price of a barrel of North Sea Brent crude stood at 57 euros, nearly 26 percent lower than in May 2024. In April 2025, a barrel of crude cost 59 euros, nearly 29 percent less than in April 2024.

Year on year, prices for petroleum derivatives were down by 20.0 percent in May, while in April they were down by 21.0 percent. Output prices in the chemical sector also tend to track the price of crude oil. In May 2025, output prices for chemical products were 3.2 percent lower than they were in May 2024. In April, they were down by 4.1 percent year on year.

Manufacturing output prices down on April

Output prices fell by 0.3 percent in May compared to April. Prices on the export market fell by 0.5 percent, while on the domestic market prices remained the same.

Sources

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