Manufacturing output 4 percent higher
The average daily output of the Dutch manufacturing industry was 4 percent higher in September 2010 than in September 2009. The output growth was less substantial than in preceding months. Although manufacturing output in each month of 2010 was up on the corresponding month in 2009, output was still below the level of 2008.
Production increased by most in the sector transport equipment: 27 percent. At 18 and 13 percent respectively, manufacturing output in electrical engineering and machinery and in basic metals and metal products was also higher than in September 2009. Output in food, drinks and tobacco was marginally above the level of September 2009, whereas in petroleum, chemical, rubber and plastic products output was 6 percent under the level of 2009.
Seasonally adjusted figures provide a more reliable picture of short-term production developments. Monthly figures adjusted for seasonal variation often show a somewhat erratic pattern. Therefore, the two-monthly average compared with the previous two-monthly average is a more accurate indicator. After correction for seasonal variation and the number of working days, manufacturing output in the period August-September was almost equal to that of the period June-July.