Tuesday 23 July 2019

Industrial output up by 6.7% in Q2, job shortage starts to bite says CBS

Dutch industry is being hit by the shortage of workers. Photo: Depositphotos.com

Dutch industrial production rose by 6.7% in the second quarter of the year, marking the seventh consecutive quarter the key economic indicator has risen, the national statistics office CBS on Monday.

Turnover within the Netherlands was 9.3% higher while foreign output rose by 5.2%. Biggest gainers were the chemicals, pharmaceuticals, petroleum, rubber and plastics sectors with a combined increase of 11.3%.

The CBS said the shortage of staff is beginning to be seen in the industrial  sector:  21% of companies reported they were affected by not being able to find enough staff, compared with 14% in the year-earlier period.

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