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Manufacturing output prices rose 0.5% in June

Broadcast United News Desk
Manufacturing output prices rose 0.5% in June

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2020 July -3.6
2020 August -3.3
2020 September -4
2020 October -3.8
2020 November -3.5
2020 December -3.1
2021 January -1.3
2021 February 0.5
2021 March 5.2
2021 April 9.4
2021 plum 9.9
2021 June 9.9
2021 July 11.6
2021 Augustus 12.5
2021 September 13.6
2021 October 16.3
2021 November 16.8
2021 December 16.1
2022 January 18
2022 February 18.2
2022 March 20.8
2022 April 23.5
2022 plum 23.8
2022 June 24.9
2022 July 23.8
2022 Augustus 21.7
2022 September 19.9
2022 October 18.1
2022 November 15.5
2022 December 13.3
2023 January 11.1
2023 February 8.7
2023 March 4
2023 April 0.2
2023 plum -1.9
2023 June -3.7
2023 July -5.2
2023 Augustus -3.2
2023 September -1.5
2023 October -3.2
2023 November -2.6
2023 December -1.9
2024 January -2.9
2024 February -1.7
2024 March -0.8
2024 April -0.1
2024 possible 0.3
2024 June 0.5

Crude oil prices rose significantly year-on-year

Output prices are usually strongly influenced by crude oil prices. In June, the price of a barrel of North Sea Brent crude oil exceeded 77 euros, more than 11% higher than in June 2023. In May, the average price of a barrel of crude oil was close to 77 euros, more than 10% higher than in May 2023.

Year-on-year, oil derivative prices rose 0.3% in June, compared with a 4.0% increase in May. In the chemical industry, output prices also tend to follow crude oil prices. Chemical product output prices were 1.2% lower than in June 2023. In May, they fell 2.7% year-on-year.

mechanical 4.5
electronic product 2.3
Food Products 1.4
Petroleum products 0.3
car -0.2
chemical product -1.2
Rubber and Plastics -1.7
Metal Products -3
* Collectively, the eight industries listed above account for nearly 80% of total Dutch manufacturing

Manufacturing output prices fell month-on-month in June

Output prices in June fell 0.1% from May. Prices in the domestic market fell 0.2%, while prices in the export market remained unchanged.

2020 July 90.5
2020 August 90.3
2020 September 90
2020 October 90.2
2020 November 90.5
2020 December 91.2
2021 January 93.1
2021 February 94.5
2021 March 96.1
2021 April 97.6
2021 plum 98.4
2021 June 99
2021 July 101
2021 Augustus 101.6
2021 September 102.3
2021 October 104.8
2021 November 105.6
2021 December 105.8
2022 January 109.9
2022 February 111.7
2022 March 116.2
2022 April 120.6
2022 plum 121.8
2022 June 123.8
2022 July 125
2022 Augustus 123.7
2022 September 122.7
2022 October 123.9
2022 November 121.9
2022 December 119.9
2023 January 122.2
2023 February 121.5
2023 March 120.8
2023 April 120.9
2023 plum 119.6
2023 June 119.2
2023 July 118.6
2023 Augustus 119.7
2023 September 120.8
2023 October 119.9
2023 November 118.8
2023 December 117.6
2024 January 118.6
2024 February 119.4
2024 March 119.9
2024 April 120.8
2024 possible 119.9
2024 June 119.8

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