Fashion
Netherlands manufacturing output prices fall 2.3% YoY in February
The easing in the rate of decline reflects moderating downward pressure from energy markets, particularly crude oil prices, which continue to influence industrial pricing trends, CBS said in a press release.
Manufacturing output prices in the Netherlands fell 2.3 per cent YoY in February 2026, a smaller decline than January’s 2.5 per cent, according to CBS.
The drop was driven by lower crude oil prices, though the pace of decline eased.
Petroleum prices remained subdued.
On a monthly basis, prices rose 0.3 per cent, signalling mild recovery in domestic and export markets.
In February, the average price of a barrel of crude oil stood at nearly €59, down by over 18 per cent YoY. This compares with January, when Brent crude averaged around €55 per barrel, registering a sharper annual decline of more than 27 per cent.
Petroleum-derived product prices also showed a narrower contraction, falling by 9.1 per cent YoY in February compared to a steeper 15.6 per cent drop in January.
On a month-on-month (MoM) basis, however, manufacturing output prices edged higher by 0.3 per cent in February. Export prices rose by 0.4 per cent, while domestic market prices increased by 0.3 per cent, indicating a modest recovery in short-term pricing momentum.
Fibre2Fashion News Desk (SG)