Manufacturing output in the Netherlands edged up 0.1 percent year-on-year in January 2019, after a downwardly revised 3.2 percent fall in the previous month. Output rebounded for: transport equipment (5.3 percent vs -1.1 percent in December); metal products (9.3 percent vs -0.9 percent), and electric products (1.8 percent vs -9.2 percent). In addition, output contracted less for: machinery (-3.4 percent vs -8.2 percent); pharmaceuticals (-1.9 percent vs -9.0 percent), and chemicals (-3.2 percent vs -5.2 percent) and output of rubber and plastics grew faster (5.5 percent vs 0.1 percent). On the other hand, output of food products shrank more than in a month earlier (-5.5 percent vs -2.3 percent). Manufacturing Production in Netherlands averaged 1.51 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 3.80 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 2.50 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.