Manufacturing turnover substantial higher

Manufacturing turnover was 11 percent higher in November 2006 than in the same month in 2005. Turnover has been higher than twelve months previously for more than two and a half years now. In the period January-November 2006 the increase was 9 percent compared with the same period a year earlier.

More than three-quarters of November’s turnover increase can be attributed to improved sales. Higher selling prices account for one quarter.

Turnover was higher in all sectors of industry. The largest increase was observed in the metal industry where turnover was 20 percent higher. With a 9 percent increase, sales in wood, building materials and furniture industry and in food, beverages and tobacco industry rose considerably as well.

Turnover on the domestic market increased by 8 percent. Turnover on the foreign market increased by 13 percent. Metal exports recorded a 22 percent turnover increase. For the seventh month running, the turnover growth rate for metals and metal products on the foreign market was above the average growth rate for the entire Dutch manufacturing industry.

Turnover industry