Manufacturing output prices over 8 percent down in April
![](https://cdn.cbs.nl/images/61534f52664c4c5644345147314f664c4f55653774513d3d/900x450.jpg)
Year | Month | change (year-on-year % change) |
---|---|---|
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 | 4.8 |
2018 | October | 5.3 |
2018 | November | 2.7 |
2018 | December | 0.6 |
2019 | January | 1 |
2019 | February | 2.1 |
2019 | March | 2.6 |
2019 | April | 3.3 |
2019 | May | 2 |
2019 | June | 0.4 |
2019 | July | 0.1 |
2019 | August | -0.8 |
2019 | September | -0.7 |
2019 | October | -1.5 |
2019 | November | 0.2 |
2019 | December | 2.9 |
2020 | January | 2.2 |
2020 | February | 0.9 |
2020 | March | -3.8 |
2020 | April | -8.2 |
Larger decrease in crude oil price
Output prices are strongly affected by crude oil price developments. In April 2020, the crude oil barrel price stood at nearly 25 euros, over 61 percent down on April 2019. In March 2020, the price of a barrel of crude North Sea Brent oil was 31 euros, almost 48 percent lower than in March 2019.
In April, prices of petroleum derivatives decreased by 57.8 percent year-on-year. Prices were down by 41.4 percent in March. In the chemical industry as well, output prices are generally linked to crude oil price developments. Output prices of chemical products were 16.1 percent lower in April than in the same month last year. In March, prices decreased by 6.5 percent year-on-year.
Prices in slightly more than half of the manufacturing sectors were higher in April 2020 than in the same month last year.
Categoriy | % change (year-on-year % change) |
---|---|
Cars | 2.1 |
Machinery | 1.9 |
Electronic products | 1.9 |
Food products | 1.7 |
Metal products | 1.6 |
Rubber and plastic | -1 |
Chemical products | -16.1 |
Petroleum products | -57.8 |
*Altogether, the eight industries referred to account for almost 80 percent of the total Dutch manufacturing industry |
Prices of manufactured products decreased in April
Manufacturing output prices fell by 3.1 percent in April relative to March. They decreased by 2.6 percent on the domestic market and by 3.7 percent on the export market.
Year | Month | (2015=100) (2015=100) |
---|---|---|
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 | 106.4 |
2018 | September | 107.1 |
2018 | October | 107.7 |
2018 | November | 105.9 |
2018 | December | 103.7 |
2019 | January | 104.7 |
2019 | February | 105.3 |
2019 | March | 106.2 |
2019 | April | 107.7 |
2019 | May | 107.9 |
2019 | June | 106.5 |
2019 | July | 106.3 |
2019 | August | 105.5 |
2019 | September | 106.1 |
2019 | October | 106 |
2019 | November | 106.1 |
2019 | December | 106.7 |
2020 | January | 107 |
2020 | February | 106.2 |
2020 | March | 102.2 |
2020 | April | 99 |
Sources
- StatLine - Producer Price Index
- StatLine - Producer Price Index (PPI); output and importprices by product
Related items
- Dossier - Business Cycle