The average daily output generated by the Dutch manufacturing industry dropped 1.3 percent year-on-year in November 2019, after an upwardly revised 0.8 percent rise in the previous month. Production fell for transport equipment (-10.8 percent vs -0.6 percent in October), rubber & plastic products (-6.0 percent vs -3.0 percent), metal products (-5.5 percent vs -5.4 percent), electrical & electronics (-4.7 percent vs 3.1 percent), repair & installation of machinery (-3.4 percent vs -15.4 percent), chemical products (-1.5 percent vs -4.7 percent), and food products (-0.4 percent vs -0.9 percent). By contrast, machinery output climbed 13.1 percent, following a 23.1 percent jump in the previous month. Manufacturing Production in Netherlands averaged 1.33 percent from 2006 until 2019, 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. source: Statistics Netherlands
Manufacturing Production in Netherlands is expected to be 1.10 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 1.60 in 12 months time. In the long-term, the Netherlands Manufacturing Production is projected to trend around 1.80 percent in 2020, according to our econometric models.