Manufacturing output 8 percent down in August
maand | change (year-on-year % change) | |
---|---|---|
2019 | September | 1.2 |
2019 | Oktober | 0.5 |
2019 | November | -1.6 |
2019 | December | -1.2 |
2020 | January | 1.7 |
2020 | February | -0.5 |
2020 | March | -1.4 |
2020 | April | -10.5 |
2020 | May | -11.7 |
2020 | June | -9.1 |
2020 | July | -4.3 |
2020 | August | -3.4 |
2020 | September | -5.8 |
2020 | October | -3.5 |
2020 | November | -2.3 |
2020 | December | 0.5 |
2021 | January | 1.1 |
2021 | February | -1.9 |
2021 | March | 3 |
2021 | April | 12.9 |
2021 | May | 16.1 |
2021 | June | 17.6 |
2021 | July | 13.1 |
2021 | August | 8.6 |
2021 | September | 11.1 |
2021 | October | 9.6 |
2021 | November | 10.6 |
2021 | December | 12.9 |
2022 | January | 7.4 |
2022 | February | 10.9 |
2022 | March | 7.9 |
2022 | April | 13.8 |
2022 | May | 10.2 |
2022 | June | 5.8 |
2022 | July | 5.8 |
2022 | August | 6.1 |
2022 | September | 5.6 |
2022 | October | 3.9 |
2022 | November | 0.6 |
2022 | December | 0.6 |
2023 | January | -2.5 |
2023 | February | -2.4 |
2023 | March | -3.6 |
2023 | April | -11.9 |
2023 | May | -9.2 |
2023 | June | -7.2 |
2023 | July | -8.5 |
2023 | August | -8 |
Decrease in most industries
Most industries produced less than in the same month last year. Among the larger industries, the machinery industry recorded the sharpest decrease. Repair and installation of machinery recorded the largest increase in production.
Category | change (year-on-year % change) |
---|---|
Repair and installation of machinery | 17.7 |
Transport equipment | 3.7 |
Food products | 1.3 |
Metal products | -0.6 |
Electrical and electronics | -10.5 |
Rubber and plastic products | -10.7 |
Chemical | -13.2 |
Machinery | -18.6 |
Manufacturing (total) | -8 |
Altogether, the industries referred to in the above graph account for 75 percent of the total manufacturing output |
Output decreased in August
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 fell by 0.7 percent between July and August.
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.
year | month | index (2015=100) |
---|---|---|
2019 | September | 109.5 |
2019 | October | 109.7 |
2019 | November | 108.4 |
2019 | December | 106.5 |
2020 | January | 109 |
2020 | February | 108.4 |
2020 | March | 106 |
2020 | April | 97.4 |
2020 | May | 96.5 |
2020 | June | 99.4 |
2020 | July | 103.4 |
2020 | August | 104 |
2020 | September | 104.2 |
2020 | October | 106.2 |
2020 | November | 106.3 |
2020 | December | 107.1 |
2021 | January | 110.9 |
2021 | February | 106.8 |
2021 | March | 110 |
2021 | April | 110.3 |
2021 | May | 112.1 |
2021 | June | 115 |
2021 | July | 116.2 |
2021 | August | 113.6 |
2021 | September | 115.2 |
2021 | October | 116.6 |
2021 | November | 117.6 |
2021 | December | 120 |
2022 | January | 119 |
2022 | February | 118.9 |
2022 | March | 118.6 |
2022 | April | 126 |
2022 | May | 123.6 |
2022 | June | 121.7 |
2022 | July | 122.8 |
2022 | August | 120.7 |
2022 | September | 121.2 |
2022 | October | 120.7 |
2022 | November | 118.5 |
2022 | December | 119.8 |
2023 | January | 116.2 |
2023 | February | 116.3 |
2023 | March | 114.4 |
2023 | April | 111.1 |
2023 | May | 112.1 |
2023 | June | 113.1 |
2023 | July | 112.3 |
2023 | August | 111.5 |
Manufacturers equally negative in September
The mood among Dutch manufacturers was just as negative in September as it was in August. Opinions of manufacturers on their order positions deteriorated. However, they were less negative about expected output in the next three months and about current stocks of finished products.
Germany is an important market for the Dutch manufacturing industry. In September, German entrepreneurs were less negative than in August, according to Eurostat. The average daily output generated by the German manufacturing industry was down by 0.7 percent year on year in August. Relative to July, output rose by 0.5 percent, as reported by Destatis.
Sources
Related items
- Dossier - Business cycle