The average daily output generated by the Dutch manufacturing industry dropped 2.5 percent year-on-year in March 2020, following a 1.3 percent fall in the previous month. It was the steepest decline in manufacturing industry activity since last June, as output shrank for transport equipment (-22.4 percent vs -6.9 percent in February), rubber & plastic products (-10.5 percent vs -7.5 percent), repair & installation of machinery (-5.5 percent vs 5.6 percent), chemical products (-5.1 percent vs -3.5 percent), metal products (-2.7 percent vs -4.6 percent) and electrical & electronics (-0.5 percent vs -2.8 percent). Meanwhile, machinery output jumped 15.7 percent (vs 7.8 percent in February) and food production rose 0.3 percent (vs 0.8 percent in February).
Manufacturing Production in Netherlands averaged 1.26 percent from 2006 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 May of 2020. source: Statistics Netherlands
Manufacturing Production in Netherlands is expected to be -4.50 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 2.20 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.