Manufacturing output almost 8 percent down in June

Decrease in most industries

Most industries produced less than the same month in the previous year. Among the larger industries, the machinery industry recorded the sharpest decrease. Repair and installation of machinery recorded the largest increase in production.

Output rose in June

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, manufacturing output rose by 0.7 percent between May and June.

Adjusted for seasonal and working-day effects, manufacturing output is seen to fluctuate significantly. In the spring of 2020, output declined rapidly and a low point was reached in May 2020. After that, output picked up again, until May 2022. The trend has reversed since then.

Manufacturers less positive in July

In July, Dutch manufacturers were less positive for the fourth consecutive month. This was largely because manufacturers were less positive about order positions.

Germany is an important market for the Dutch manufacturing industry. In June, German entrepreneurs again showed lower confidence on balance, according to Eurostat. The average daily output generated by the German manufacturing industry was down by 0.4 percent year on year in June. Relative to May, output fell by 1.2 percent, as reported by Destatis.