Norway skyline at night

Norway Industrial production November 2020

Norway: Industrial output rebounds in November

Industrial output increased 1.8% month-on-month in seasonally-adjusted terms in November, contrasting October’s 3.6% drop. November’s figure marked the fastest increase in four months.

The notable turnaround was primarily due to an upturn in extraction and related services—which accounts for around 65% of industrial production in Norway— while manufacturing, mining and quarrying output also increased.

On an annual basis, factory output dropped 0.7% in seasonally-adjusted terms in November, which was below October’s flat reading and marked the worst result since November 2019. Meanwhile, annual average growth of industrial production was 3.9% in November, mirroring October’s print.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest