Manufacturing output over 3 percent down in December
maand | change (year-on-year % change) | |
---|---|---|
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 |
2023 | August | -8.8 |
2023 | September | -11 |
2023 | October | -12 |
2023 | November | -9.4 |
2023 | December | -3.3 |
Decrease in most industries
Most industries produced less than one year previously. Among the larger industries, output fell most sharply in the electronic products and electric equipment industry, while the metal products industry recorded the largest increase.
Category | change (year-on-year % change) |
---|---|
Metal products | 2.3 |
Repair and installation of machinery | 0.9 |
Food products | -0.9 |
Rubber and plastic products | -2.2 |
Chemical | -3.1 |
Transport equipment | -3.1 |
Electrical and electronics | -14.3 |
Manufacturing (total) | -3.3 |
Altogether, the industries referred to in the above graph account for over 60 percent of the total manufacturing output |
Output increased in December
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 for seasonal and working-day effects, manufacturing output rose by 6.8 percent in December relative to November.
Adjusted for seasonal and working-day effects, manufacturing output fluctuates significantly in general. In spring 2020, output declined rapidly, reaching a low point in May 2020. This was followed by an upward trend until May 2022. The trend has reversed since then.
year | month | index (2015=100) |
---|---|---|
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 | 112.8 |
2023 | July | 112.3 |
2023 | August | 109.7 |
2023 | September | 108.6 |
2023 | October | 107.1 |
2023 | November | 108 |
2023 | December | 115.3 |
Manufacturers less negative in January
Dutch manufacturers were less negative in January than they were in the previous month. They were mainly less negative about the order positions.
Germany is an important market for the Dutch manufacturing industry. In January, German entrepreneurs were more negative than in December, according to Eurostat. In December, the calendar-adjusted output generated by the German manufacturing industry was down by 3.8 percent year on year. Relative to November, output fell by 1.5 percent, as reported by Destatis.
Sources
Related items
- Dossier - Business cycle