Norway skyline at night

Norway Industry November 2017

Norway: Industrial production expands in November

According to Statistics Norway, industrial production rose by a seasonally-adjusted 0.6% from the previous month in November, contrasting October’s revised 1.3% decrease (previously reported: -1.4% month-on-month).

The expansion in the extraction and related services sector—the largest industrial sector in Norway—drove the increase. There was a broad-based improvement throughout the other three industrial sectors in November, including the mining and quarrying, manufacturing, and electricity, gas and steam sectors.

In annual terms, although there was a slight improvement from October’s 2.0% contraction, industrial production nevertheless decreased 1.3% in November. This was due to a smaller extraction and related services sector, predominantly, and a smaller mining and quarrying sector. The manufacturing and electricity, gas and steam sectors, however, grew compared to November in the previous year. Annual average growth in industrial production slowed from 2.3% in October to 2.1% in November.

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