Manufacturing output 5 percent higher

The average daily output of the Dutch manufacturing industry was 5 percent higher in November 2010 than in November 2009. The output growth was equal to October. Although manufacturing output in each month of 2010 was up on the corresponding month in 2009, output was still below the pre-economic crisis level.

Production increased most in the sector transport equipment: 47 percent. At 11 percent, manufacturing output in electrical engineering and machinery and in basic metals and metal products was also higher than in November 2009. Output in petroleum, chemical, rubber and plastic products was 2 percent above the level of November 2009, whereas in food, drinks and tobacco output was marginally below the 2009 level.

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 October - November was 0.9 percent up on the period August - September.

Manufacturing output (volume)