FX.co ★ Dutch Industrial Output Growth Hits 5-Month High

Manufacturing production in the Netherlands increased by 0.4% month-on-month in January 2026, following a downwardly revised 0.3% rise in December. This was the strongest monthly reading since August 2025.

The overall uptick reflected a rebound in several sectors, with output recovering in food (5.3% vs -3.3% in December 2025), leather and shoes (6.8% vs -8.3%), wood (4.1% vs -1.0%), paper (6.5% vs -4.6%), furniture (4.9% vs -4.1%), and pharmaceuticals (23.8% vs -18.5%).

At the same time, the contraction in activity moderated in textiles (-1.1% vs -1.8%) and chemicals (-1.8% vs -4.6%). By contrast, output declined in petroleum (-4.5% vs 2.4%), rubber and plastics (-1.5% vs 0.5%), machinery (-4.1% vs 9.1%), and basic metals (-14.0% vs 12.8%).

On a yearly basis, manufacturing output rose by 1.1% in January 2026, slowing from an upwardly revised 1.4% increase in the previous month.