actual 1.3, previous -0.6
On January 10, 2025, at 05:30:00, the economic event "Manufacturing Production MoM (Month-over-Month) for November" for the Netherlands (NL) was released. The actual value reported was an increase of 1.3%, surpassing the previous value of -0.6%. The market consensus or estimate was 0.2%, indicating that the actual result exceeded expectations.
This event measures the change in the total inflation-adjusted value of output produced by manufacturers in the Netherlands from the previous month. In this case, the positive percentage change of 1.3% suggests growth in manufacturing production compared to the previous month.
The impact of this event on the market was considered low, as it is one of the many economic indicators used to assess the health of the manufacturing sector in the country. The significant increase of 316.67% from the previous value indicates a notable improvement in manufacturing production for the reported month.