Price increase Dutch manufacturing industry less substantial

Price increase Dutch manufacturing industry less substantial

Selling prices in the Dutch manufacturing industry were 8 percent higher in October 2011 than in October 2010. The price increase was less substantial than in preceding months according to Statistics Netherlands. In August and September manufacturing prices were nearly 10 percent higher than one year previously.

Refined petroleum products cost 24 percent more in October than one year previously. Selling prices in the chemical and the food industry rose by 13 and 7 percent respectively.

Compared to September 2011, prices dropped by 0.6 percent in October 2011. The price decrease on the domestic market was smaller than that on the foreign market.

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