The average daily output generated by the Dutch manufacturing industry dropped 1.8 percent year-on-year in May 2019, after a downwardly revised 1.0 percent decline in the previous month. It was the third straight monthly decline in industrial output, and the steepest drop since December last year. Output fell faster for repair & installation of machinery (-6.6 percent vs -4.0 percent in April) and metal products (-4.2 percent vs -3.5 percent) while output decreased at a softer pace for machinery (-10.2 percent vs -12.1 percent). In addition, production dropped for both rubber & plastic products (-1.3 percent vs 5.4 percent) and food products (-1.1 percent vs 3.9 percent). Also, output rose less for transport equipment (4.6 percent vs 11.5 percent) and chemical products (1.8 percent vs 3.5 percent) while production of electrical products rebounded (7.9 percent vs -3.1 percent). Manufacturing Production in Netherlands averaged 1.39 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 0.90 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 1.50 in 12 months time. In the long-term, the Netherlands Manufacturing Production is projected to trend around 1.80 percent in 2020, according to our econometric models.