Norway skyline at night

Norway Industry February 2019

Norway: Industrial production falls in February for fourth consecutive month

Industrial production fell a seasonally-adjusted 1.8% in February compared to the previous month, slightly less than the 2.2% fall in January, according to Statistics Norway. The latest decrease was primarily due to lower output in the extraction and related services sector, which is the largest industrial sector in Norway. In addition, the electricity, gas and steam, and manufacturing sectors both recorded lower production levels.

In annual terms when adjusted for working days, industrial production fell 5.7% in February, representing a larger fall than January’s 3.4% decline. Annual average growth in industrial production slowed to 0.1%, down from 0.7% in January.

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