The average daily output generated by the Dutch manufacturing industry declined 0.2 percent year-on-year in December 2020, following a revised 2.7 percent drop in the previous month. It was the eleventh straight month of decrease in manufacturing output, and the smallest decrease since January when the production grew by 1.4 percent, as production shrank less much for machinery (-1.2% vs -14.9% in November) while food products edged up 0.1 percent, after a 3.0 percent fall in November. Meanwhile, production continued to fall for both metal products (-5.0% vs -3.8%) and repair and installation of machinery (-25.1% vs -21.8%). In addition, production grew faster for: transport equipment (5.3% vs 0.9%), electrical and electronics (7.5% vs 5.2%). On the other hand, output expanded further for chemicals (8.5% vs 10.9%), rubber and plastic (1.6% vs 3.9%). source: Statistics Netherlands
Manufacturing Production in Netherlands averaged 0.99 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 February of 2021.
Manufacturing Production in Netherlands is expected to be 2.20 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 5.80 in 12 months time. In the long-term, the Netherlands Manufacturing Production is projected to trend around 2.30 percent in 2022, according to our econometric models.