Manufacturing output prices 0.6 percent up in February
![](https://cdn.cbs.nl/images/7147505371664c7344676b5144377a4931334c6e71513d3d/900x450.jpg)
Year | Month | change (year-on-year % change) |
---|---|---|
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 | -4.1 |
2021 | January | -2.1 |
2021 | February | 0.6 |
Increase in crude oil price
Output prices are strongly affected by crude oil price developments. In February 2021, the price of a barrel of crude North Sea Brent oil was over 51 euros, circa around 1 percent higher than in February 2020. In January 2021, the crude oil barrel price stood at over 45 euros, almost 21 percent down on January 2020.
In February, prices of petroleum derivatives decreased by 3.1 percent year-on-year. Prices were down by 19.4 percent in January. In the chemical industry as well, output prices are generally linked to crude oil price developments. Output prices of chemical products were 2.2 percent higher in February than in the same month last year. In January, prices decreased by 2.2 percent year-on-year.
Prices in more than half of the manufacturing sectors were higher in February 2021 than in the same month last year.
Category | % change (year-on-year % change) |
---|---|
Chemical products | 2.2 |
Food products | 1.2 |
Cars | 1.1 |
Rubber and plastic | 1 |
Metal products | 0.9 |
Machinery | 0 |
Electronic products | -2.9 |
Petroleum products | -3.1 |
*Altogether, the eight industries referred to account for almost 80 percent of the total Dutch manufacturing industry |
Prices of manufactured products increased in February
Manufacturing output prices rose by 2.1 percent in February relative to January. They increased by 2.3 percent on the export market and by 1.9 percent on the domestic market.
Year | Month | (2015=100) (2015=100) |
---|---|---|
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 | 102.3 |
2021 | January | 104.7 |
2021 | February | 106.9 |
Sources
- StatLine - Producer Price Index
- StatLine - Producer Price Index (PPI); output and importprices by product
Related items
- Dossier - Business cycle