The average daily output generated by the Dutch manufacturing industry dropped 9.7 percent year-on-year in June 2020, following a downwardly revised 11.9 percent tumble in the previous month. It was the fifth straight month of decline in manufacturing output, as production contracted for: repair & installation of machinery (-28.1 percent vs -28.6 percent in May); transport equipment (-17.9 percent vs -38.3 percent); metal products (-11.9 percent vs -13.9 percent); electrical & electronics (-9.7 percent vs -10.5 percent); machinery (-8.8 percent vs 3.5 percent); rubber & plastic products (-8 percent vs -12.4 percent); chemical products (-5.1 percent vs -10.8 percent); and food products (-3.6 percent vs -6.8 percent).
Manufacturing Production in Netherlands averaged 1.13 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 August of 2020. source: Statistics Netherlands
Manufacturing Production in Netherlands is expected to be -3.20 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 4.70 in 12 months time. In the long-term, the Netherlands Manufacturing Production is projected to trend around 5.80 percent in 2021 and 2.30 percent in 2022, according to our econometric models.