Dutch industrial output slowed its decline in April, falling 3.5% YoY after a 5.1% drop in March.
Dutch industrial output slowed its decline in April, falling 3.5% year-on-year after a 5.1% drop in March. The sector has been declining since July 2023. Declines were seen in repair and installation of machines (38.2%) and transport (14%). Monthly, industrial production rose 0.4% in April. Industry producers' outlook for May improved compared to April, with manufacturers expecting higher activity.
June 10, 2024
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