Manufacturing output prices almost 1 percent up
![](https://cdn.cbs.nl/images/7147505371664c7344676b5144377a4931334c6e71513d3d/900x450.jpg)
Year | Month | change (year-on-year % change) |
---|---|---|
2015 | January | -7.5 |
2015 | February | -6.1 |
2015 | March | -4.5 |
2015 | April | -3.8 |
2015 | May | -3.3 |
2015 | June | -3.5 |
2015 | July | -4.1 |
2015 | August | -5.7 |
2015 | September | -6.5 |
2015 | October | -6.2 |
2015 | November | -4.7 |
2015 | December | -3.3 |
2016 | January | -2.7 |
2016 | February | -5 |
2016 | March | -5.4 |
2016 | April | -5.9 |
2016 | May | -5.3 |
2016 | June | -4.5 |
2016 | July | -4.2 |
2016 | August | -2.2 |
2016 | September | -0.7 |
2016 | October | 1.5 |
2016 | November | 1 |
2016 | December | 4.4 |
2017 | January | 7 |
2017 | February | 8.6 |
2017 | March | 7.7 |
2017 | April | 7.5 |
2017 | May | 4.9 |
2017 | June | 3 |
2017 | July | 3.1 |
2017 | August | 3.6 |
2017 | September | 4.1 |
2017 | October | 2.8 |
2017 | November | 3.8 |
2017 | December | 2.1 |
2018 | January | 1.5 |
2018 | February | 0.3 |
2018 | March | 0.6 |
2018 | April | 1 |
2018 | May | 3.7 |
2018 | June | 5 |
2018 | July | 5.4 |
2018 | August | 5.2 |
2018 | September | 4.7 |
2018 | October | 5.3 |
2018 | November | 2.7 |
2018 | December | 0.6 |
Crude oil price down
In December 2018, the price of a barrel of crude North Sea Brent oil was 51 euros, more than 5 percent lower than in December 2017. In November 2018, the crude oil barrel price stood at 58 euros, over 8 percent up on November 2017.
Output prices are strongly affected by crude oil price developments. In December, prices of petroleum derivatives decreased by over 5 percent year-on-year, whereas prices had increased by 9 percent in November.
In the chemical industry as well, output prices are generally linked to crude oil price developments. Output prices of chemical products were 1.5 percent higher in December than in the same month last year. The year-on-year price increase in November exceeded 6 percent.
Furthermore, prices in the automotive industry as well as prices of electrotechnical products, machinery, rubber and plastic products, metal products, and food products were higher than in December 2017.
% change (year-on-year % change) | |
---|---|
Cars | 2.6 |
Electronic products | 2.5 |
Chemical products | 1.5 |
Machinery | 1.4 |
Metal products | 1 |
Rubber and plastic | 0.7 |
Food products | 0.4 |
Petroleum products | -5.2 |
*Altogether, the eight industries referred to account for almost 80 percent of the total Dutch manufacturing industry |
Prices of manufactured products decreased in December
Prices of manufactured products fell by over 2 percent in December relative to November. Prices on the domestic market decreased by 1.5 percent and on the export market by 2.5 percent.
Year | Month | index (2015=100) |
---|---|---|
2015 | January | 98.2 |
2015 | February | 99.7 |
2015 | March | 100.9 |
2015 | April | 102 |
2015 | May | 102.7 |
2015 | June | 102.7 |
2015 | July | 102 |
2015 | August | 99.9 |
2015 | September | 98.8 |
2015 | October | 98 |
2015 | November | 98.3 |
2015 | December | 96.8 |
2016 | January | 95.5 |
2016 | February | 94.7 |
2016 | March | 95.5 |
2016 | April | 96 |
2016 | May | 97.2 |
2016 | June | 98.1 |
2016 | July | 97.7 |
2016 | August | 97.6 |
2016 | September | 98.1 |
2016 | October | 99.5 |
2016 | November | 99.3 |
2016 | December | 101 |
2017 | January | 102.2 |
2017 | February | 102.9 |
2017 | March | 102.8 |
2017 | April | 103.2 |
2017 | May | 102 |
2017 | June | 101.1 |
2017 | July | 100.7 |
2017 | August | 101.1 |
2017 | September | 102.1 |
2017 | October | 102.3 |
2017 | November | 103.1 |
2017 | December | 103.1 |
2018 | January | 103.7 |
2018 | February | 103.2 |
2018 | March | 103.5 |
2018 | April | 104.2 |
2018 | May | 105.7 |
2018 | June | 106.1 |
2018 | July | 106.2 |
2018 | August | 106.3 |
2018 | September | 106.9 |
2018 | October | 107.7 |
2018 | November | 105.9 |
2018 | December | 103.7 |
Sources
- StatLine - Producer Price Index
- StatLine - Producer Price Index (PPI); output and importprices by product
Related items
- Dossier - Business Cycle