Norway skyline at night

Norway Industry May 2019

Norway: Industrial production increases for the second running in May

Industrial production rose a seasonally-adjusted 0.6% in May from the previous month, up from April’s revised 0.5% increase (previously reported: +0.2% month-on-month). This was primarily due to a large increase in output from the extraction and related services sector, which accounts for over half of industry in Norway. In addition, the mining and quarrying, manufacturing, and electricity, gas and steam sectors all grew at solid rates.

Looking at the change in industrial production in annual terms when adjusted for working days, output fell 2.5% in May, up from the 4.2% fall in April. The annual average decrease in industrial production slipped to 0.7% in May, down from 0.6% in April.

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