Manufacturing turnover more than 17 percent up

Dutch manufacturers realised a turnover growth of 17 percent in March 2011 relative to the same month in 2010. The growth rate was somewhat smaller in March than in February, but the growth in February (24 percent) was unprecedented high. Prices of manufactured products were almost 13 percent higher in March than one year previously.

Turnover increased most (+ 24 percent) in the sector petroleum, chemical, rubber and plastic products and least in the food sector (+ 10 percent). In both sectors, growth was almost entirely due to higher prices. Electrical engineering and machinery and basic metals and metal products realised a turnover growth by 23 percent, transport equipment generated 18 percent more turnover.

Turnover on the domestic market was 12 percent higher in March than one year previously. Turnover growth on the export market was almost twice as high.

Manufacturing turnover

More figures can be found in dossier Business cycle.