Norway Industry

Norway

Norway: Industrial production continues to moderate in June

August 9, 2012

In June, industrial output expanded a seasonally adjusted 0.6% over the previous month, which followed the 1.7% rise tallied in May. According to Statistics Norway, the moderation was mainly driven by a fall in the production of electricity, gas and steam as well as softer growth in extraction and related services. On the other hand, the manufacturing, mining and quarrying sector improved. On an annual basis, industrial production grew 7.7% in working-day adjusted terms, following the robust 13.0% rise observed in May, which had marked the strongest reading since June 1994. As a result, the trend is pointing up, with annual average growth in industrial production rising from 1.5% in May to 2.5% in June.


Author:,

Sample Report

Looking for forecasts related to Industry in Norway? Download a sample report now.

Download

Norway Industry Chart


Norway Industry June 2012

Note: Month-on-month seasonally adjusted and year-on-year changes of industrial production index in %.
Source: Statistics Norway (SN).


Norway Economic News

  • Norway: Inflation accelerates in November

    December 10, 2018

    Consumer prices rose 0.5% in November compared to the previous month, contrasting the 0.2% fall in October.

    Read more

  • Norway: Industrial production growth rebounds in October

    December 7, 2018

    According to Statistics Norway, industrial production rose a seasonally-adjusted 2.3% in October compared to the previous month, contrasting the revised 2.0% fall in September (previously reported: -1.5% month-on-month). The rebound in October was due to a broad-based improvement across industrial sectors.

    Read more

  • Norway: The economy wobbles in September

    November 13, 2018

    According to monthly GDP data released by Statistics Norway, the total economy contracted a seasonally-adjusted 0.5% in September over the previous month, down from the revised 0.2% fall in August (previously reported: -0.1% month-on-month).

    Read more

  • Norway: Inflation moderates in October

    November 9, 2018

    Consumer prices fell 0.2% month-on-month in October, contrasting the 0.6% gain in September.

    Read more

  • Norway: Industrial production growth slows in September

    November 7, 2018

    According to Statistics Norway, industrial production fell a seasonally-adjusted 1.5% in September compared to the previous month, contrasting the revised 1.6% growth registered in August (previously reported: +1.8% month-on-month). The fall in September was due to a near-broad-based decline across industrial sectors: The extraction and related services sector—the largest industrial sector in Norway—observed a 3.5% fall in output.

    Read more

More news

Search form