Record output manufacturing industry in February
Dutch manufacturing industry is still thriving. The average daily output in the Dutch manufacturing industry in February was 6 percent higher than one year previously. This is the highest manufacturing output growth rate in seven years.
Production was higher in all sectors of industry. The increase was largest (almost 10 percent) in the metal industry. With an increase of almost 8 percent, chemicals did well too.
To get a more reliable idea of the short-term developments in production, it is best to look at production after correction of seasonal effects. As the corrected figures are often erratic, the two-month average compared with the previous two-month average is used for this.
After correction for working day and seasonal effects, manufacturing production was in the period January-February almost 2 percent up on the period November-December.