Manufacturing output prices over 4 percent higher in June

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© Hollandse Hoogte / Lex van Lieshout

Statistics Netherlands (CBS) reports that output prices for products manufactured in the Netherlands were 4.4 percent higher in June 2026, year on year. In May the price increase was 5.9 percent. Oil prices in June were over 20 percent higher than a year earlier.

Smaller year-on-year increase in price of crude oil

Output prices generally track the price of crude oil. In June 2026, a barrel of crude cost over 73 euros, representing a rise of over 20 percent year on year. In May 2026, the average price of a barrel of North Sea Brent crude stood at nearly 89 euros, up by almost 56 percent, year on year. The rise in output prices is related to the rise in oil prices due to the geopolitical situation in the Middle East.

Prices for petroleum derivatives were up by 27.0 percent in June year on year, compared to 46.7 percent in May. Output prices in the chemical sector also tend to track the price of crude oil (although there is often a lag). In June 2026, output prices for chemical products were 16.9 percent higher than they were in June 2025. In May, they were up by 18.9 percent, year on year.

Manufacturing output prices lower in June than in May

Output prices fell by 1.1 percent in June compared to May. Both on the export markets and on the domestic market they were down by 1.1 percent.

Sources

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