The average daily output generated by the Dutch manufacturing industry surged by 16.5 percent year-on-year in May 2021, accelerating from an upwardly revised 13.1 percent jump in the previous month. It was the strongest growth in manufacturing output since the series began in 2005, amid easing the lockdown measures to contain the spread of coronavirus and a low base effect from last year, as the number of companies in this sector had closed their factory a year earlier. Production advanced more for metal products (20.3 percent vs 11.9 percent in April), machinery (31.8 percent vs 17.0 percent), rubber and plastic (26.4 percent vs 22.8 percent) and food products (6.6 percent vs 3.2 percent), while production of repair and installation of machinery rebounded (0.5 percent vs -9.7 percent). Meantime, production of transport equipment continued to rise (25.8 percent vs 65.2 percent). source: Statistics Netherlands
Manufacturing Production in Netherlands averaged 1.15 percent from 2005 until 2021, reaching an all time high of 16.50 percent in May of 2021 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 August of 2021.
Manufacturing Production in Netherlands is expected to be 2.80 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.