Manufacturing output in the Netherlands increased 2.9 percent year-on-year in September 2018, slowing from an upwardly revised 3.3 percent growth in the previous month. Output expanded softer for: transport equipment (4.5 percent vs 14.3 percent in August); machinery (2.4 percent vs 6.9 percent); and rubber and plastics (0.8 percent vs 3.1 percent). In addition, pharmaceuticals output contracted 1.9 percent, after rising by 2.6 percent in the previous month. On the other hand, output growth accelerated for metal products (5.7 percent vs 5.5 percent); food products (1.6 percent vs 1.2 percent); and chemicals (2.1 percent vs 0.3 percent). Also, electrical apparatus production rebounded 2.1 percent in September, compared to a 0.5 percent decline in August. Manufacturing Production in Netherlands averaged 1.53 percent from 2006 until 2018, 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 4.40 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 2.77 in 12 months time. In the long-term, the Netherlands Manufacturing Production is projected to trend around 2.00 percent in 2020, according to our econometric models.