Manufacturing production in the Netherlands increased 0.5 percent year-on-year in February 2019, reversing a revised 0.6 percent fall in the previous month, as output expanded for: transport equipment (12.6 percent vs 4.6 percent in January); rubber and plastics (5.8 percent vs 5.6 percent); and metal products (4.5 percent vs 5.5 percent). By contrast, a decline was seen in production of: machinery (-4.7 percent vs -8.0 percent); pharmaceuticals (-2.6 percent vs -0.7 percent); electric and electronic apparatus (-2.5 percent vs 4.5 percent); food products (-2.2 percent vs -5.0 percent); and chemicals (-1.8 percent vs -0.4 percent). Manufacturing Production in Netherlands averaged 1.43 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.
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 2.00 in 12 months time. In the long-term, the Netherlands Manufacturing Production is projected to trend around 2.20 percent in 2020, according to our econometric models.