The average daily output generated by the Dutch manufacturing industry fell 1 percent year-on-year in March 2019, reversing a downwardly revised 0.1 percent gain in the previous month, as output dropped for: machinery (-8.6 percent vs -4.7 percent in February); repair & installation of machinery (-8.3 percent vs -9.8 percent); electrotechnical products (-4.0 percent vs -3.7 percent); and food products (-2.6 percent vs -2.9 percent). By contrast, increases were seen in production of: rubber & plastic products (7.5 percent vs 6.2 percent); transport equipment (5.0 percent vs 12.2 percent); metal products (4.2 percent vs 1.7 percent); and chemical products (1.3 percent vs -2.2 percent). Manufacturing Production in Netherlands averaged 1.42 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 1.10 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 2.00 in 12 months time. In the long-term, the Netherlands Manufacturing Production is projected to trend around 2.20 percent in 2020, according to our econometric models.