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Producer prices
2019 May 2
2019 June 0.4
2019 July 0.1
2019 August -0.8
2019 September -0.7
2019 October -1.5
2019 November 0.2
2019 December 2.9
2020 January 2.2
2020 February 0.9
2020 March -3.8
2020 April -8
2020 May -7.8
2020 June -5.5
2020 July -4.8
2020 August -4.2
2020 September -5.3
2020 October -5
2020 November -4.6
2020 December -4.1
2021 January -1.8
2021 February 0.9
2021 March 7.1
2021 April 12.3
2021 May 13.1
2021 June 12.6
2021 July 14.1
2021 August 15.2
2021 September 17.1
2021 October 20.5
2021 November 20.9
2021 December 19.8
2022 January 21.7
2022 February 22
2022 March 26.1
2022 April 29.1
2022 May 29
2022 June 30.5
2022 July 28.3
2022 August 25.2
2022 September 23.1
2022 October 20.8
2022 November 17.1
2022 December 14.1
2023 January 11.4
2023 February 8.4
2023 March 1.9
2023 April -2.3

Smaller decrease in crude oil price

Output prices are strongly affected by crude oil price developments. In April 2023, a barrel of North Sea Brent oil cost over 76 euros, 22 percent less than one year previously. In March, the average price of a barrel stood at nearly 74 euros, i.e. 27 percent less than in the same month last year.

Prices of petroleum derivatives were down by 21.3 percent year on year in April; they were up by 21.2 percent in March. In the chemical industry as well, output prices are generally linked to crude oil price developments. Output prices of chemical products were 13.4 percent lower than in April 2022. In March, they were down by 4.6 percent year on year.

In April, prices were up in most manufacturing industries.

Producer prices manufacturing by sector*, April 2023
Cars 7.8
Machinery 6.5
Food products 6.3
Electronic products 5.1
Rubber and plastic 3.4
Metal products 1.7
Chemical products -13.4
Petroleum products -21.3
*Altogether, the eight industries referred to account for almost 80 percent of the total Dutch manufacturing industry

Manufacturing output prices fell in April

Relative to March, manufacturing output prices fell by 0.1 percent in April. Prices increased by 0.5 percent on the export market, but decreased by 0.9 percent on the domestic market.

Index producer prices
2019 May 107.9
2019 June 106.5
2019 July 106.3
2019 August 105.5
2019 September 106.1
2019 October 106
2019 November 106.1
2019 December 106.7
2020 January 107
2020 February 106.3
2020 March 102.2
2020 April 99.1
2020 May 99.4
2020 June 100.6
2020 July 101.2
2020 August 101.1
2020 September 100.5
2020 October 100.8
2020 November 101.2
2020 December 102.3
2021 January 105
2021 February 107.2
2021 March 109.4
2021 April 111.2
2021 May 112.5
2021 June 113.3
2021 July 115.5
2021 August 116.5
2021 September 117.7
2021 October 121.4
2021 November 122.4
2021 December 122.6
2022 January 127.8
2022 February 130.7
2022 March 137.9
2022 April 143.6
2022 May 145.1
2022 June 147.8
2022 July 148.1
2022 August 145.9
2022 September 144.9
2022 October 146.6
2022 November 143.3
2022 December 139.9
2023 January 142.4
2023 February 141.7
2023 March 140.5
2023 April 140.3

Source of original article: Statistics Netherlands (CBS) (www.cbs.nl).
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