Turnover manufacturing industry down

Dutch manufacturers faced a nearly 3 percent turnover loss in June 2012 relative to June 2011. Sales on the domestic market declined more than sales on the foreign markets. The working-day and holiday pattern was more favourable in June 2012 than in June 2011.This had a positive effect on sales of approximately 4 percent.

The growth of manufacturing output gradually slackened over the past twelve months and has turned into decline in May. This was largely attributable to a slowdown in the increase of selling prices in manufacturing industry since the summer of 2011. In June 2012, prices of manufactured products were more than 1 percent up from one year previously.

Manufacturing turnover declined nearly across the board. The sectors food, drinks and tobacco and basis metal products faced the most substantial losses.

Manufacturing turnover

More figures can be found in dossier Business cycle.