Netherlands: Industrial production recovers in March
Latest reading: Industrial production—excluding construction—was up 1.2% on a calendar- and seasonally adjusted month-on-month basis in March, following a 1.6% fall in the prior month.
Relative to the prior month’s data, readings in March improved for manufacturing (+2.8% in calendar- and seasonally adjusted month-on-month terms vs -1.6% in February) and water collection and distribution (+1.7% vs -3.2% in February). In contrast, the reading for mining and quarrying worsened in March (-5.9% vs -5.4% in February).
On a calendar- and seasonally adjusted year-on-year basis, industrial production—excluding construction—rose 0.9% in March, following a flat reading in the prior month.