Manufacturing output in the Netherlands rose 2.1 percent year-on-year in November 2018, easing from an upwardly revised 3.5 percent growth in the previous month. It was the smallest increase in manufacturing production since April 2017, as output expanded at a softer pace for: transport equipment (1.4 percent vs 9.9 percent in October) and metal products (7.3 percent vs 8.0 percent). In addition, output fell for chemicals (-8.2 percent vs -0.8 percent), pharmaceuticals (-6.9 percent vs -13.8 percent) and food products (-0.9 percent vs 3.9 percent). Output grew faster for: machinery (7.1 percent vs 4.6 percent); rubber and plastics (6.2 percent vs 2.6 percent); and electrical apparatus (3.5 percent, after being flat in October). Manufacturing Production in Netherlands averaged 1.55 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 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.