The average daily output generated by the Dutch manufacturing industry dropped 0.2 percent year-on-year in July 2019, after an upwardly revised 2.7 percent drop in the previous month. It was the fifth straight monthly decline in manufacturing output, as production fell further for repair & installation of machinery (-6.0 percent vs -5.6 percent in June); rubber & plastic products (-2.8 percent vs -2.3 percent); chemical products (-6.4 percent vs -5.1 percent); and metal output (-4.8 percent vs -3.2 percent). On the other hand, output rebounded for electrical products (11.1 percent vs -7.4 percent) and transport equipment (0.7 percent vs -6.9 percent), while production grew faster both for machinery (4.0 percent vs 2.9 percent) and food products (2.3 percent vs 0.7 percent). Manufacturing Production in Netherlands averaged 1.37 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 0.90 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 1.50 in 12 months time. In the long-term, the Netherlands Manufacturing Production is projected to trend around 1.80 percent in 2020, according to our econometric models.