Furniture production growth in the Netherlands 2010-2023

Percentage change in average daily production of furniture in the Netherlands from 2010 to 2023

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Source

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Release date

February 2024

Region

Netherlands

Survey time period

2010 to 2023

Supplementary notes

Definitions provided by the source are as follows:
Production: 'Production by industry is the volume change of gross value added at basic prices. Value added is defined as total production value minus total intermediate consumption value. Total intermediate consumption value includes the value of input in the production process in terms of goods and services to create the total output (production value) of a particular sector of industry.'
Average daily production: 'The average daily production is calculated using a regression method. An adjustment is being made for changes in production because of national holidays, bridge days, working day effects, leap year effects, and shifting holiday patterns. This results in the average daily production, which is significant for the determination of development of production volume of a certain month in a particular year compared with the same month in the previous year.'

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