Dutch manufacturing output down 4.9% YoY in Jun: CBS

11 Aug '24

1 min read

Dutch manufacturing output down 4.9% YoY in Jun: CBS

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Insights

Calendar-adjusted Dutch manufacturing output in June this year was 4.9 per cent lower YoY, according to Statistics Netherlands.
YoY output also contracted in the preceding eleven months.
More than half of all industrial sectors produced less than they did one year previously.
Dutch manufacturers were slightly more negative in July than they were in June.

Calendar-adjusted Dutch manufacturing output in June this year was 4.9 per cent lower year on year (YoY), according to Statistics Netherlands (CBS). YoY output also contracted in the preceding eleven months.

More than half of all industrial sectors produced less than they did one year previously. Among the eight larger industrial sectors, output fell the most sharply in the repair and installation of machinery.

When the figures are adjusted for seasonal effects and the working-day pattern, manufacturing output rose by 0.8 per cent in June month on month.

Dutch manufacturers were slightly more negative in July than they were in June, a CBS release said. They were more negative about their current stock levels, in particular. However, they were more positive about their expected output.

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