Manufacturing output prices 4.0 percent down in December
Year | Month | change (year-on-year % change) |
---|---|---|
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 | -5 |
2020 | November | -4.6 |
2020 | December | -4 |
Smaller decrease in crude oil price
Output prices are strongly affected by crude oil price developments. In December, the price of a barrel of crude North Sea Brent oil was over 41 euros, almost 30 percent lower than in December 2019. In November 2020, the crude oil barrel price stood at over 37 euros, 34.5 percent down on November 2019.
In December, prices of petroleum derivatives decreased by 28.1 percent year-on-year. Prices were down by 32.8 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 7.1 percent lower in December than in the same month last year. In November, prices decreased by 9.0 percent year-on-year.
Prices in slightly more than half of the manufacturing sectors were lower in December 2020 than in the same month one year previously.
Category | % change (year-on-year % change) |
---|---|
Cars | 0.5 |
Rubber and plastic | 0.1 |
Machinery | -0.1 |
Metal products | -0.1 |
Food products | -0.9 |
Electronic products | -1.8 |
Chemical products | -7.1 |
Petroleum products | -28.1 |
*Altogether, the eight industries referred to account for almost 80 percent of the total Dutch manufacturing industry |
Prices of manufactured products increased in December
Manufacturing output prices rose by 1.1 percent in December relative to November. They increased by 1.4 percent on the export market and by 0.8 percent on the domestic market.
Year | Month | (2015=100) (2015=100) |
---|---|---|
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 | 100.8 |
2020 | November | 101.2 |
2020 | December | 102.4 |
Sources
- StatLine - Producer Price Index
- StatLine - Producer Price Index (PPI); output and importprices by product
Related items
- Dossier - Business cycle