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Energy and manufacturing
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High electricity prices for households
The average price of electricity for households, excluding taxes and grid rent, was 44.6 øre per kWh in the 2nd quarter of 2018. This is 35 per cent higher compared to the 2nd quarter in 2017 and the highest prices measured since the 2nd quarter i...
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Higher energy prices
The previous fall in the producer price index for oil and gas, manufacturing, mining and electricity (PPI) was six months ago. Despite a lower price of crude oil in the global market, prices on Norwegian energy goods increased which caused the tot...
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Minor growth in manufacturing output
Norwegian manufacturing output had a minor growth of 0.4 per cent from May to July 2018 compared to the previous three-month period, according to seasonally-adjusted figures. On a month to month basis, from June to July 2018, output went up by 0.9...
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Increase in manufacturing turnover
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 4.7 per cent from June 2018 to July 2018. However, a 1.2 per cent decline was recorded from June 2018 to July 2018.
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Growth in oil investments for 2019
Total investments in oil and gas activity in 2019, including pipeline transportation, are estimated at NOK 165.1 billion, which is 6.2 per cent higher than estimated in the previous quarter. The estimate for 2018 is NOK 156 billion, which equals t...
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Growth in total investments in 2018 due to wind farm development
The companies’ latest investment estimates for 2018 indicate an increase within oil and gas, manufacturing, mining and quarrying and electricity supply. This is mainly due to an investment growth within electricity supply.
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Increase in total sales July 2018
Total sales of petroleum products in July amounted to 750 million liters, a 40 million litres increase compared to July in 2017.
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PPI continues to rise
The Producer Price Index (PPI) increased by 1.1 per cent from June to July. This was the fifth month in a row with an increase. Except from February this year the PPI has risen continuously since July 2017.
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Output growth in manufacturing in the second quarter of 2018
Norwegian manufacturing output increased 0.8 per cent from the first to the second quarter of 2018, according to seasonally-adjusted figures. The growth is particularly related to high production within food products and beverages. On a month to m...
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Considerable increase in manufacturing turnover in the second quarter
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 4.6 per cent from the first to the second quarter of 2018. A 1.5 per cent increase was recorded from May 2018 to June 2018.
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Positive signals from manufacturing
Norwegian industrial managers report a production increase level and an increment of new orders in the second quarter of 2018. The general expectations for the third quarter of 2018 are also positive among most of the industry leaders.
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Increas in total sales
Total sales of petroleum products in June amounted to 812 million liters, a 48 million litres increase compared to June in 2017.
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Higher electricity prices
The Producer Price Index (PPI) increased by 2.2 per cent from May to June. The relatively sharp increase in electricity prices was the main reason for the increase in the PPI.
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Increase in manufacturing turnover
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 1.7 per cent in the period March to May 2018 compared with the previous three-month period. A 2.6 per cent increase was recorded from April 2018 to ...
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Unchanged manufacturing output
Norwegian manufacturing output was almost unchanged from March to May 2018, compared with the previous three-month period, according to seasonally-adjusted figures. On a month to month basis, from April to May 2018, output decreased 0.7 per cent.
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