As from 23 September, all of Statistics Norway’s statistics will be released at 7 am.
Fall continues within manufacturing
Compared with the second quarter of 2015, total stocks of orders fell by 26 per cent in the second quarter of 2016. New orders received went down 16 per cent in the same period.
|Change in per cent||Index of value|
|2nd quarter 2016 / 1st quarter 2016||2nd quarter 2016 / 2nd quarter 2015||2nd quarter 2016|
|New orders received:|
|Manufacturing working on new orders||7.5||-15.8||102.3|
|Chemical and pharmaceutical products||-3.6||-6.7||160.6|
|Machinery and equipment||-8.7||-38.5||81.3|
|Ships, boats and oil platforms||29.3||-62.8||38.4|
|Stock of orders:|
|Manufacturing working on new orders||-12.9||-25.7||152.7|
|Chemical and pharmaceutical products||-0.5||5.1||110.3|
|Machinery and equipment||-33.6||-47.8||257.3|
|Ships, boats and oil platforms||-8.9||-24.8||126.5|
The total stock was down 26 per cent from the second quarter of 2015 to the second quarter of 2016 in the order-based industry. Both the domestic and the export market were down. The domestic market was down 26 per cent, while the export market fell by 25 per cent. This is the lowest recorded level of total stocks since the first quarter of 2011.
New orders received were down by 16 per cent in the same period. The domestic market had an increase of 22 per cent, while the export market reported a fall of 11 per cent.