The average daily output generated by the Dutch manufacturing industry declined 4 percent year-on-year in August 2020, following a downwardly revised 5.2 percent drop in the previous month. It was the seventh straight month of decline in manufacturing output, but the smallest fall since March, as production contracted less for: electrical & electronics (-0.1 percent vs -12.1 percent in July); machinery (-2.1 percent vs -7.0 percent); rubber & plastic products (-2.3 percent vs -2.5 percent); and food products (-0.2 percent vs -1.1 percent). In addition, production of chemical products grew faster (2.5 percent vs 1.8 percent). Meanwhile, output continued to shrink for repair & installation of machinery (-28.1 percent vs -18.6 percent); transport equipment (-12.6 percent vs -9.3 percent); and metal products (-9.5 percent vs -9.3 percent).
Manufacturing Production in Netherlands averaged 1.07 percent from 2005 until 2020, reaching an all time high of 10.30 percent in February of 2011 and a record low of -13.80 percent in April of 2009. This page provides - Netherlands Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Statistics Netherlands
Manufacturing Production in Netherlands is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Netherlands to stand at 2.80 in 12 months time. In the long-term, the Netherlands Manufacturing Production is projected to trend around 5.80 percent in 2021 and 2.30 percent in 2022, according to our econometric models.