The average daily output generated by the Dutch manufacturing industry dropped by 1.7 percent year-on-year in February 2021, following a revised 0.3 percent growth in the previous month. It was the first decline in manufacturing output since last November, amid stricter lockdown measures to contain the spread of coronavirus. Production shrank for repair and installation of machinery (-28.3 percent vs -22.8 percent in January), transport equipment (-13.1 percent vs -6.4 percent), food products (-2.3 percent vs -0.5 percent) and metal products (-0.9 percent vs -0.5 percent). In addition, production growth slowed for machinery (4.1 percent vs 7.1 percent) and rubber and plastic (1.7 percent vs 4.1 percent). source: Statistics Netherlands
Manufacturing Production in Netherlands averaged 0.97 percent from 2005 until 2021, 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 2021.
Manufacturing Production in Netherlands is expected to be 6.50 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 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.