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Manufacturing output fell nearly 5% in June

Broadcast United News Desk
Manufacturing output fell nearly 5% in June

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Output Manufacturing (Calendar Adjustment, Quantity)
2020 July -3.2
2020 August -1.8
2020 September -2.2
2020 October -2.3
2020 November -1.3
2020 December 0
2021 January 0.4
2021 February -3.7
2021 March 2.7
2021 April 11.3
2021 possible 12.6
2021 June 13.4
2021 July 9.2
2021 August 5.6
2021 September 7.5
2021 October 7.9
2021 November 9.5
2021 December 12.7
2022 January 7.3
2022 February 10.6
2022 March 9
2022 April 12.3
2022 possible 10.4
2022 June 9
2022 July 8.1
2022 August 8.3
2022 September 7.9
2022 October 5.4
2022 November 3.5
2022 December 4
2023 January 2.6
2023 February 3.1
2023 March 4.3
2023 April -1.2
2023 possible -0.9
2023 June 1.3
2023 July -0.4
2023 August -1.5
2023 September -3.8
2023 October -4
2023 November -3.7
2023 December -0.5
2024 January -4.2
2024 February -1.9
2024 March -5.1
2024 April -3.7
2024 possible -3.4
2024 June -4.9

More than half of industrial sectors contracted

More than half of the industrial sectors reported lower output than a year ago. Among the eight largest industrial sectors, the machinery repair and installation sector saw the most significant drop in output. Fabricated metal products saw the largest increase in output.

Manufacturing output in June 2024 (calendar-adjusted, volume)
Metal Products 2
Electrical and Electronics 1.9
food 1.7
Chemical 1.1
Rubber and plastic products -2
mechanical -4.4
Transport equipment -17.3
Machinery maintenance and installation -46.2
Manufacturing (Total) -4.9
Overall, the industries mentioned above account for nearly 80% of total manufacturing output

Production increased in June

When these figures are adjusted for seasonal effects and workday patterns, they more accurately reflect changes in short-term output. After these adjustments, manufacturing output rose by 0..8 pairsJune was down compared to May.

After adjusting for seasonal and workday effects, manufacturing output typically fluctuates widely. Output fell rapidly in the spring of 2020, reaching its lowest point in May 2020. It then trended upward until May 2022. The trend has since reversed.

Output manufacturing (seasonally and calendar adjusted, quantity)
2020 July 92.2
2020 August 94.4
2020 September 93.8
2020 October 94.8
2020 November 94.6
2020 December 93.6
2021 January 97.6
2021 February 94.4
2021 March 96.6
2021 April 97.5
2021 possible 98.2
2021 June 100
2021 July 100.3
2021 August 99.7
2021 September 100.9
2021 October 102.5
2021 November 104
2021 December 104.9
2022 January 104.9
2022 February 104.4
2022 March 105.1
2022 April 109.6
2022 possible 108.4
2022 June 108.8
2022 July 108
2022 August 107.8
2022 September 108.9
2022 October 108.2
2022 November 107.8
2022 December 108.5
2023 January 108.1
2023 February 107.5
2023 March 109.7
2023 April 108.2
2023 possible 107.4
2023 June 109.8
2023 July 107.4
2023 August 106.2
2023 September 104.9
2023 October 103.9
2023 November 104.2
2023 December 107.7
2024 January 103.9
2024 February 105.4
2024 March 103.8
2024 April 104.2
2024 possible 103.7
2024 June 104.5

Manufacturer confidence fell slightly

Dutch manufacturers were slightly more pessimistic in July than in June. They were particularly pessimistic about current inventory levels. However, they were optimistic about expected production.

Germany is an important market for Dutch manufacturing. In July, German business owners were also more pessimistic than in June. In June, calendar-adjusted output in German manufacturing fell by 4.6%Year-on-year, in May, production increased by 1.4 PercentThis is reported by the German Statistical Office.

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