Manufacturing output prices almost 12 percent up in April
Year | Month | change (year-on-year % change) |
---|---|---|
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 |
2021 | February | 0.7 |
2021 | March | 6.8 |
2021 | April | 11.8 |
Soaring crude oil prices
Output prices are strongly affected by crude oil price developments. In April 2021, the crude oil barrel price stood at over 54 euros, approximately 121 percent up on April 2020. In March 2021, the price of a barrel of crude North Sea Brent oil was over 55 euros, 77 percent higher than in March 2020.
In April, prices of petroleum derivatives were up by 95.4 percent year-on-year. In March, they were up by 55.5 percent. In the chemical industry as well, output prices are generally linked to crude oil price developments. Output prices of chemical products were 29.4 percent higher in April than in the same month last year. In March, prices increased by 12.2 percent year-on-year.
Prices in over 80 percent of the manufacturing sectors were higher in April 2021 than in the same month last year.
Category | % change (year-on-year % change) |
---|---|
Petroleum products | 95.4 |
Chemical products | 29.4 |
Food products | 5 |
Rubber and plastic | 4.7 |
Metal products | 2.8 |
Cars | 1.7 |
Machinery | 0.5 |
Electronic products | -2.5 |
*Altogether, the eight industries referred to account for almost 80 percent of the total Dutch manufacturing industry |
Prices of manufactured products increased in April
Manufacturing output prices rose by 1.4 percent in April relative to March. They increased by 1.5 percent on the export market and by 1.4 percent on the domestic market.
Year | Month | (2015=100) (2015=100) |
---|---|---|
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 | 104.8 |
2021 | February | 107 |
2021 | March | 109.2 |
2021 | April | 110.7 |
Sources
- StatLine - Producer Price Index
- StatLine - Producer Price Index (PPI); output and importprices by product
Related items
- Dossier - Business cycle