Dutch industrial prices drop over 2% in February, easing oil price decline impacts economy
Dutch industrial output prices fell by 2.3% in February compared to last year, affecting businesses and consumers. While crude oil prices dropped less sharply, cheaper petroleum and chemical products could influence household expenses and industrial costs.
| Key Data Point | Value |
|---|---|
| Year-on-year price decline | 2.3% (February 2026 vs 2025) |
| January 2026 price decline | 2.5% |
| Brent crude oil price | €59 per barrel (Feb 2026) |
| Brent crude oil price decline | 18% (Feb 2026 vs 2025) |
| Petroleum products decline | 9.1% (Feb 2026 vs 2025) |
| Chemical industry decline | 6.3% (Feb 2026 vs 2025) |
| Monthly price increase | 0.3% (Feb 2026 vs Jan 2026) |
| Foreign market price increase | 0.4% (Feb 2026 vs Jan 2026) |
| Domestic market price increase | 0.3% (Feb 2026 vs Jan 2026) |
Statistics Netherlands (CBS) monitors industrial output prices as part of its role in tracking economic trends and providing data for policy decisions. This data helps businesses, policymakers, and consumers understand inflationary pressures and market dynamics.
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Industrial output prices more than 2 percent lower in February
The output prices of Dutch industry were 2.3 percent lower in February than in February 2025, according to Statistics Netherlands (CBS). In January, the year-on-year price decline stood at 2.5 percent.
Smaller year-on-year decline in crude oil prices
The price development of crude oil typically has a strong impact on industrial output prices. In February, a barrel of North Sea Brent crude oil cost nearly €59, more than 18 percent less than a year earlier. In January, a barrel of North Sea Brent crude oil cost nearly €55, which was more than 27 percent less than a year earlier.
Petroleum products were 9.1 percent cheaper in February than in February 2025. In January, prices were 15.6 percent lower year-on-year. The output prices of the chemical industry are also generally linked to oil prices. In February, chemical industry output prices were 6.3 percent lower than a year earlier. In January, prices were 5.9 percent lower year-on-year.
Industrial output prices rise in February compared to January
Industrial output prices rose by an average of 0.3 percent in February compared to January. On the foreign market, prices increased by 0.4 percent, while on the domestic market they rose by 0.3 percent.
Sources
- StatLine - Producer prices; output prices, industry sector
- StatLine - Producer prices (PPI); output, import and consumption prices
Relevant links
- Research description - Producer Price Index (PPI)
- Dossier - Economic trends