Manufacturing output almost 2 percent down in February
![](https://cdn.cbs.nl/images/795a6537593259447767474751775761374c636f54673d3d/900x450.jpg)
jaar | maand | change (year-on-year % change) |
---|---|---|
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 | -0.6 |
2019 | February | -0.1 |
2019 | March | -0.8 |
2019 | April | -0.3 |
2019 | May | -0.9 |
2019 | June | -2.5 |
2019 | July | 0 |
2019 | August | -1.7 |
2019 | September | 1.2 |
2019 | Oktober | 0.5 |
2019 | November | -1.6 |
2019 | December | -1.2 |
2020 | January | 1.6 |
2020 | February | -0.7 |
2020 | March | -1.8 |
2020 | April | -10.8 |
2020 | May | -12 |
2020 | June | -9.4 |
2020 | July | -4.9 |
2020 | August | -4 |
2020 | September | -6.5 |
2020 | October | -4.1 |
2020 | November | -2.9 |
2020 | December | 0 |
2021 | January | 0.3 |
2021 | February | -1.7 |
Output contraction in more than three-quarters of the industries
More than three-quarters of all industries saw their output decrease on an annual basis. The electrical and electronic appliance industry achieved the highest growth.
Category | change (year-on-year % change) |
---|---|
Electrical and electronics | 12.1 |
Chemical products | 6.3 |
Machinery | 4.1 |
Rubber and plastic products | 1.7 |
Metal products | -0.9 |
Food products | -2.3 |
Transport equipment | -13.1 |
Repair and installation of machinery | -28.3 |
Manufacturing (total) | -1.7 |
Altogether, the industries referred to in the above graph account for approximately 75 percent of the total manufacturing output |
Manufacturing output slows down a bit
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 of 2.5 percent is seen in manufacturing output between January and February 2021.
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 downward. A low point was reached in May 2020. After that, output picked up again. However, output fell again slightly in February 2021.
jaar | maand | index (2015=100) |
---|---|---|
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 | 109.6 |
2019 | February | 109.2 |
2019 | March | 108.8 |
2019 | April | 108.9 |
2019 | May | 108.5 |
2019 | June | 107.3 |
2019 | July | 107.5 |
2019 | August | 107.8 |
2019 | September | 109.5 |
2019 | October | 109.7 |
2019 | November | 108.4 |
2019 | December | 106.5 |
2020 | January | 109.3 |
2020 | February | 107.4 |
2020 | March | 106.2 |
2020 | April | 97.7 |
2020 | May | 96.2 |
2020 | June | 99.1 |
2020 | July | 102.8 |
2020 | August | 103.4 |
2020 | September | 103.5 |
2020 | October | 105.3 |
2020 | November | 105.3 |
2020 | December | 106 |
2021 | January | 108.4 |
2021 | February | 105.7 |
Producer confidence improved in March
In March 2021, the mood among Dutch manufacturers improved. Manufacturers were more positive about their expected future output and their order position.
Germany is an important foreign market for the Dutch manufacturing industry. German producer confidence improved considerably in March, according to the Business Climate Index of the IFO Institute. This is due to both an improved outlook on future output and a more positive opinion about the current situation.
Sources
- StatLine - Industry; production and sales
Related items
- Dossier - Business Cycle