Sustained growth manufacturing output
Considerable output growth transport equipment sector
Output generated by the sector transport equipment (cars, buses and trucks) grew 11.4 percent. Output growth in the pharmaceutical industry, rubber and plastic products and the food sector was also above average. Production realised in the machinery and the electrical equipment industry, on the other hand, declined relative to June 2015.
% change | |
---|---|
Transport equipment | 11.4 |
Pharmaceutical products | 8.5 |
Rubber and plastic products | 5.9 |
Food products | 5.5 |
Chemical products | 0.8 |
Metal products | 0.6 |
Machinery | -1.7 |
Electrotechnical products | -3.6 |
Manufacturing (total) | 1.6 |
Positive trend manufacturing output
Figures adjusted for seasonal effects and the working-day pattern provide a more reliable picture of short-term output developments. From May to June 2016, manufacturing output grew by 0.7 percent.
Adjusted for seasonal variation, manufacturing output shows an irregular pattern with many ups and downs, but since mid-2014, the trend has been upward.
Mood among Dutch manufacturers remains positive
As CBS reported last week, confidence among Dutch manufacturers has hardly changed in July. The producer confidence indicator stood at 5.1 in July, down from 5.4 in June, when the highest level in more than 5 years was reached.
Germany is an important foreign market for Dutch manufacturing industry. The mood among German manufacturers also slightly deteriorated in July compared to June.
The numbers in this publication are provisional and can be adjusted.