Selling prices in manufacturing industry up by 9 percent

Factory gate prices in the Dutch manufacturing industry were 9 percent higher in October than in the same month last year. The price rise was the same as in September. Selling prices on the export market were up by more than 10 percent, prices on the domestic market by over 7 percent.

Manufacturers in nearly all branches of manufacturing increased their prices compared with one year previously. Petroleum refining and the chemical industry showed the most substantial price increases, with nearly 23 and just over 19 percent respectively. Basic metal products and food were also much more expensive than in October 2009. Companies in the basic metal industry charged over 13 percent more for their products, those in the food industry over 8 percent more.

Compared with September 2010, selling prices in the manufacturing industry on both the domestic and the foreign market were 0.6 percent up.

Factory gate prices

More figures can be found in dossier Business Cycle.