Home breadcru News breadcru Economics breadcru  | Dutch manufacturing output falls sharply to 9.8% YoY in Q2 2023

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Dutch manufacturing output falls sharply to 9.8% YoY in Q2 2023

08 Oct '23
2 min read
Pic: raditya / Shutterstock
Pic: raditya / Shutterstock

Insights

  • Dutch manufacturing output was down by *.* per cent year on year in 2023 second quarter, official data show.
  • That made the Netherlands the country with the steepest output decline within the EU after Estonia.
  • EU manufacturing output fell by *.* per cent on average.
  • Dutch producer confidence too has shown a downward trend since March this year.

Danish manufacturers saw the strongest increase at **.* per cent relative to Q* ****. Eurostat statistics show manufacturing output in the EU decreased by *.* per cent on an average.

The relatively sharp drop in manufacturing output is largely due to a decline in the machinery and chemical industries.

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