Manufacturing output over 1 percent down in November

09/01/2020 15:00

More recent figures are available on this topic. View the latest figures here.

The average daily output generated by the Dutch manufacturing industry was 1.3 percent down in November 2019 compared to the same month one year previously. The year-on-year decline follows two months of modest output growth. This is reported by Statistics Netherlands (CBS).

Average daily output manufacturing (volume)
jaar	maand	change (year-on-year % change)
	December	2.9
2016	January	3.5
2016	February	0.7
2016	March	2.3
2016	April	4.4
2016	May	2.7
2016	June	3.2
2016	July	3.3
2016	August	2.4
2016	September	2.3
2016	October	0
2016	November	3.4
2016	December	6.7
2017	January	0.4
2017	February	4.9
2017	March	3
2017	April	0.5
2017	May	5
2017	June	2.4
2017	July	2.7
2017	August	3.7
2017	September	4.8
2017	October	5.1
2017	November	5.3
2017	December	4.4
2018	January	7.5
2018	February	3.2
2018	March	3.8
2018	April	4.7
2018	May	2.9
2018	June	3.3
2018	July	0.9
2018	August	4
2018	September	1.7
2018	October	2.4
2018	November	1.3
2018	December	-4.3
2019	January	0.2
2019	February	0.4
2019	March	-0.4
2019	April	-0.5
2019	May	-1.2
2019	June	-2.7
2019	July	-0.1
2019	August	-1.2
2019	September	1.4
2019	Oktober	0.8
2019	November	-1.3

Average daily output manufacturing (volume)
jaar	maand	change (year-on-year % change)
	December	2.9
2016	January	3.5
2016	February	0.7
2016	March	2.3
2016	April	4.4
2016	May	2.7
2016	June	3.2
2016	July	3.3
2016	August	2.4
2016	September	2.3
2016	October	0
2016	November	3.4
2016	December	6.7
2017	January	0.4
2017	February	4.9
2017	March	3
2017	April	0.5
2017	May	5
2017	June	2.4
2017	July	2.7
2017	August	3.7
2017	September	4.8
2017	October	5.1
2017	November	5.3
2017	December	4.4
2018	January	7.5
2018	February	3.2
2018	March	3.8
2018	April	4.7
2018	May	2.9
2018	June	3.3
2018	July	0.9
2018	August	4
2018	September	1.7
2018	October	2.4
2018	November	1.3
2018	December	-4.3
2019	January	0.2
2019	February	0.4
2019	March	-0.4
2019	April	-0.5
2019	May	-1.2
2019	June	-2.7
2019	July	-0.1
2019	August	-1.2
2019	September	1.4
2019	Oktober	0.8
2019	November	-1.3

Production growth in machinery industry

Of the eight largest industries within manufacturing, only the machinery industry recorded output growth (13.1 percent). Most of the other industries saw their output decline as well.

Average daily output manufacturing (volume) by sector, November 2019
Category	change (year-on-year % change)
Machinery	13.1
Food products	-0.4
Chemical products	-1.5
Repair and installation of machinery	-3.4
Electrical and electronics	-4.7
Metal products	-5.5
Rubber and plastic products	-6
Transport equipment	-10.8

Manufacturing (total)	-1.3

Altogether, the industries referred to in the above graph account for approximately 75 percent of the total manufacturing output

Average daily output manufacturing (volume) by sector, November 2019
Category	change (year-on-year % change)
Machinery	13.1
Food products	-0.4
Chemical products	-1.5
Repair and installation of machinery	-3.4
Electrical and electronics	-4.7
Metal products	-5.5
Rubber and plastic products	-6
Transport equipment	-10.8

Manufacturing (total)	-1.3

Altogether, the industries referred to in the above graph account for approximately 75 percent of the total manufacturing output

Trend virtually stable

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 decrease is seen in manufacturing output between October and November of 1.1 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 relatively stable.

Seasonally adjusted average daily output manufacturing (volume)
jaar	maand	index (2015=100)
	December	100.4
2016	January	101.9
2016	February	101.1
2016	March	102.1
2016	April	103.4
2016	May	102.1
2016	June	103.3
2016	July	102.9
2016	August	101.7
2016	September	102.3
2016	October	102.5
2016	November	105
2016	December	106.3
2017	January	103.1
2017	February	105.5
2017	March	105.2
2017	April	104.6
2017	May	106.6
2017	June	106.1
2017	July	106.1
2017	August	105.6
2017	September	107.3
2017	October	107.7
2017	November	109.7
2017	December	110.4
2018	January	110.5
2018	February	109.4
2018	March	109.4
2018	April	109.4
2018	May	109.6
2018	June	109.3
2018	July	107.6
2018	August	109.3
2018	September	109.1
2018	October	109.6
2018	November	110.2
2018	December	107
2019	January	110.1
2019	February	109.5
2019	March	109.0
2019	April	108.7
2019	May	108.3
2019	June	107.1
2019	July	107.9
2019	August	108.4
2019	September	110.2
2019	October	110.2
2019	November	109.0

Seasonally adjusted average daily output manufacturing (volume)
jaar	maand	index (2015=100)
	December	100.4
2016	January	101.9
2016	February	101.1
2016	March	102.1
2016	April	103.4
2016	May	102.1
2016	June	103.3
2016	July	102.9
2016	August	101.7
2016	September	102.3
2016	October	102.5
2016	November	105
2016	December	106.3
2017	January	103.1
2017	February	105.5
2017	March	105.2
2017	April	104.6
2017	May	106.6
2017	June	106.1
2017	July	106.1
2017	August	105.6
2017	September	107.3
2017	October	107.7
2017	November	109.7
2017	December	110.4
2018	January	110.5
2018	February	109.4
2018	March	109.4
2018	April	109.4
2018	May	109.6
2018	June	109.3
2018	July	107.6
2018	August	109.3
2018	September	109.1
2018	October	109.6
2018	November	110.2
2018	December	107
2019	January	110.1
2019	February	109.5
2019	March	109.0
2019	April	108.7
2019	May	108.3
2019	June	107.1
2019	July	107.9
2019	August	108.4
2019	September	110.2
2019	October	110.2
2019	November	109.0

Producer confidence hardly changed

Producer confidence among Dutch manufacturers hardly changed in December 2019. Manufacturers were less positive about their future output, but more positive about their order position and stocks.

Germany is an important foreign market for the Dutch manufacturing industry. According to the IFO index in manufacturing the business climate index improved in December. German manufacturers were mainly less negative about their future output.

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

Sources

StatLine - Industry; production and sales

Production growth in machinery industry

Trend virtually stable

Producer confidence hardly changed

Sources

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