Dutch Industrial Output Falls Most Since April 2009
RTTNews 2023-06-09 07:52:49 • 1 min
The Netherlands' industrial production decreased for the fourth straight month in April and at the fastest pace in fourteen years, largely due to a sharp fall in machinery and chemical output, figures from the Central Bureau of Statistics showed on Friday.
Industrial production plunged 12.1 percent year-on-year in April, much faster than the 3.7 percent decline in February.
Among sectors, machinery industry output declined the most by 26.1 percent annually in April and production in the chemical division also logged a marked fall of 19.5 percent.
