Manufacturing output over 2 percent higher in September year on year

Growth in nearly two-thirds of all industrial sectors

Nearly two-thirds of the various industrial sectors produced more than they did last year. Of the eight largest industrial sectors, output rose the most sharply in the repair and installation of machinery, while it fell by the most in the chemical industry.

Adjusted output slightly up on August

A more accurate picture of changes in short-term output is obtained when the figures are adjusted for seasonal effects and the working-day pattern. After adjustment, manufacturing output rose by 0.1 percent in September relative to August.

After adjusting for seasonal and working-day effects, manufacturing output often fluctuates significantly. In the spring of 2020, output declined rapidly, reaching a low point in May 2020. This was followed by an upward trend until May 2022. The trend has reversed since then.

Producer confidence improves again in October

Producer confidence was once again less negative in October than the previous month. Manufacturers were more positive regarding output for the next three months, in particular.

Germany is an important market for the Dutch manufacturing sector. In October, German manufacturers were less negative than they were in September, as reported by Eurostat. In September, the calendar-adjusted output of the German manufacturing sector was down by 1.1 percent, year on year. Relative to August, output rose by 1.9 percent, as reported by Destatis, Germany’s official statistics agency.