Netherlands manufacturing prices fall 1.9% in January

Manufacturing output prices in the Netherlands declined further in January 2026, reflecting continued energy-linked cost softness despite a month-on-month (MoM) recovery, according to Statistics Netherlands (CBS). Producer prices for domestically manufactured goods were 1.9 per cent lower year on year (YoY) in January, widening from a 1.4 per cent annual decline recorded in December 2025.

The downward movement remained closely tied to crude oil dynamics, which continue to shape industrial cost structures across energy-intensive sectors. Average North Sea Brent crude prices stood at nearly €55 per barrel in January 2026, representing a drop of more than 27 per cent from a year earlier. In comparison, December prices averaged €52.5 per barrel, marking an annual decline of almost 25 per cent, CBS said in a press release.

Dutch manufacturing output prices fell 1.9 per cent YoY in January 2026, extending December’s decline as lower crude oil costs weighed on industrial pricing.
Brent prices dropped over 27 per cent annually, pulling petroleum derivative prices down 15.8 per cent.
However, producer prices rose 0.9 per cent MoM, supported by export and domestic market gains.

Petroleum-derived products registered a sharper contraction in line with weaker crude benchmarks. Prices for petroleum derivatives fell 15.8 per cent YoY in January, following a 12 per cent decrease in December, underscoring persistent softness in refined energy product pricing.

Despite the annual decline, producer prices showed sequential improvement at the start of the year. Overall manufacturing output prices increased 0.9 per cent in January from the previous month, indicating short-term pricing stabilisation across industrial segments.

The monthly uptick was led by export markets, where prices rose 1.2 per cent, while domestic market prices increased 0.6 per cent. The divergence between YoY declines and MoM gains highlights the continued influence of last year’s elevated energy base alongside emerging signs of near-term price recovery.

Fibre2Fashion News Desk (SG)