Manufacturing output prices 4.5 percent down in November
![](https://cdn.cbs.nl/images/3846727179472f2f766b5838377373704f39667935413d3d/900x450.jpg)
Year | Month | change (year-on-year % change) |
---|---|---|
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 |
2020 | May | -7.8 |
2020 | June | -5.5 |
2020 | July | -4.8 |
2020 | August | -4.2 |
2020 | September | -5.3 |
2020 | October | -4.9 |
2020 | November | -4.5 |
Decrease in crude oil price virtually the same
Output prices are strongly affected by crude oil price developments. In November 2020, the crude oil barrel price stood at over 37 euros, 34.5 percent down on November 2019. In October, the price of a barrel of crude North Sea Brent oil was over 35 euros, 34.4 percent lower than in October 2019.
In November, prices of petroleum derivatives decreased by 32.8 percent year-on-year. Prices were down by 33.9 percent in October. In the chemical industry as well, output prices are generally linked to crude oil price developments. Output prices of chemical products were 8.8 percent lower in November than in the same month last year. In October, prices decreased by 10.5 percent year-on-year.
Prices in slightly more than half of the manufacturing sectors were higher in November 2020 than in the same month last year.
Category | % change (year-on-year % change) |
---|---|
Cars | 1.1 |
Food products | 0.3 |
Machinery | 0.2 |
Metal products | 0.2 |
Rubber and plastic | -1 |
Electronic products | -1.2 |
Chemical products | -8.8 |
Petroleum products | -32.8 |
*Altogether, the eight industries referred to account for almost 80 percent of the total Dutch manufacturing industry |
Prices of manufactured products increased in November
Manufacturing output prices rose by 0.4 percent in November relative to October. They increased by 0.5 percent on the export market and by 0.3 percent on the domestic market.
Year | Month | (2015=100) (2015=100) |
---|---|---|
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 | 106.3 |
2020 | March | 102.2 |
2020 | April | 99.1 |
2020 | May | 99.4 |
2020 | June | 100.6 |
2020 | July | 101.2 |
2020 | August | 101.1 |
2020 | September | 100.5 |
2020 | October | 100.9 |
2020 | November | 101.3 |
Sources
- StatLine - Producer Price Index
- StatLine - Producer Price Index (PPI); output and importprices by product
Related items
- Dossier - Business cycle