Calendar-adjusted output of the Dutch manufacturing sector was 4.4 per cent lower year on year (YoY) in December last year, according to Statistics Netherlands (CBS). This implies that manufacturing output has not grown for a total of 18 months in a row.
More than half of the various industrial sectors produced less in the month than they did a year earlier. Of the eight largest sectors, output fell the most sharply in the transport equipment sector, while it rose the most in the repair and installation of machinery.
After seasonal and working-day pattern adjustments, manufacturing output in the country fell by 1 per cent in December month on month (MoM).
More than half of the various industrial sectors produced less in the month than they did a year earlier.
After seasonal and working-day pattern adjustments, manufacturing output fell by 1 per cent in December month on month.
Dutch manufacturers were just as negative in January this year as they were in December. They were less negative about their order positions, but also less positive about expected output and more negative about stocks of finished products, a CBS release said.
Fibre2Fashion News Desk (DS)