Manufacturing output over 2 percent down in June

More recent figures are available on this topic. View the latest figures here.
© Hollandse Hoogte / Flip Franssen
The average daily output generated by the Dutch manufacturing industry was 2.2 percent down in June 2019 compared to the same month last year. It is the fourth consecutive month of year-on-year decline. This is reported by Statistics Netherlands (CBS).

Average daily output manufacturing (volume)
jaarmaandchange (year-on-year % change)
2015July0.3
2015August-1.1
2015September-0.6
2015October2.5
2015November1.9
2015December2.9
2016January3.5
2016February0.7
2016March2.3
2016April4.4
2016May2.7
2016June3.2
2016July3.3
2016August2.4
2016September2.3
2016October0
2016November3.4
2016December6.7
2017January0.4
2017February4.9
2017March3
2017April0.5
2017May5
2017June2.4
2017July2.7
2017August3.7
2017September4.8
2017October5.1
2017November5.3
2017December4.4
2018January7.5
2018February3.2
2018March3.8
2018April4.7
2018May2.9
2018June3.3
2018July0.9
2018August4
2018September1.7
2018October2.4
2018November1.3
2018December-4.3
2019January0.2
2019February0.4
2019March-0.4
2019April-0.6
2019May-1.2
2019June-2.2

Strongest production growth in machinery industry

Of the eight largest industries within manufacturing, the machinery industry recorded the largest output growth at nearly 3 percent. Production also increased in the food industry. However, most industries saw their output decline.

Average daily output manufacturing (volume) by sector, June 2019
 change (year-on-year % change)
Machinery2.8
Food products2.3
Rubber and plastic products-2.6
Metal products-2.7
Transport equipment-4.5
Chemical products-4.8
Repair and installation of machinery-5.7
Electrical and electronics-7.4
Manufacturing (total)-2.2
Altogether, the industries referred to in the above graph account for approximately 75 percent of the total manufacturing output

Slightly downward trend

A more accurate picture of short-term output developments is obtained when figures are adjusted for seasonal effects and the working-day pattern. After adjustments, a decline is seen in manufacturing output between May and June 2019 of 0.8 percent.

Adjusted for seasonal and working-day effects, manufacturing output is seen to fluctuate significantly. From mid-2014 until the beginning of 2018, the overall trend was upward. Subsequently, the trend has been slightly downward.

Seasonally adjusted average daily output manufacturing (volume)
jaarmaandindex (2015=100)
2015July99.9
2015August98.8
2015September99.3
2015October101.4
2015November101.5
2015December100.4
2016January101.9
2016February101.1
2016March102.1
2016April103.4
2016May102.1
2016June103.3
2016July102.9
2016August101.7
2016September102.3
2016October102.5
2016November105
2016December106.3
2017January103.1
2017February105.5
2017March105.2
2017April104.6
2017May106.6
2017June106.1
2017July106.1
2017August105.6
2017September107.3
2017October107.7
2017November109.7
2017December110.4
2018January110.5
2018February109.4
2018March109.4
2018April109.4
2018May109.6
2018June109.3
2018July107.6
2018August109.3
2018September109.1
2018October109.6
2018November110.2
2018December107
2019January110.1
2019February109.5
2019March109
2019April108.6
2019May108.3
2019June107.5

Dutch manufacturers more positive

Producer confidence among Dutch manufacturers improved in July 2019. Manufacturers were mainly less negative about future output and more positive about their stocks.

Germany is an important foreign market for the Dutch manufacturing industry. According to the IFO index, in manufacturing the business climate index took a serious tumble in July. It was the strongest decline since the beginning of 2009. In June, the average daily output generated by the German manufacturing industry was over 6 percent lower than in the same month last year.

The figures published in this news release are provisional and subject to revisions.