Increase in manufacturing turnover

Published:

Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 2.6 per cent in the period February to April 2017 compared to the previous three-month period. A 1.3 per cent rise was recorded from March to April 2017.

The index value for turnover in manufacturing was 139.9 (2005=100) in the period February- April 2017, compared to 136.4 in the previous three-month period, according to seasonally-adjusted figures.

Figure 1. Index of turnover for manufacturing. Seasonally adjusted. Three-month moving average¹. 2005=100

Index of turnover for manufacturing
Jan. 2007 134.7
Feb. 2007 134.9
Mar. 2007 138.1
Apr. 2007 140.1
May 2007 143.4
June 2007 143.3
July 2007 140.8
Aug. 2007 140.7
Sep. 2007 139.1
Okt. 2007 141.3
Nov. 2007 141.7
Dec. 2007 142.9
Jan. 2008 144.5
Feb. 2008 145.8
Mar. 2008 145.6
Apr. 2008 146.2
May 2008 146.8
June 2008 149.4
July 2008 151.3
Aug. 2008 151.5
Sep. 2008 152.4
Okt. 2008 150.3
Nov. 2008 148.2
Dec. 2008 144
Jan. 2009 142.5
Feb. 2009 141.3
Mar. 2009 142
Apr. 2009 139.5
May 2009 137.2
June 2009 133.5
July 2009 132.8
Aug. 2009 134
Sep. 2009 135.9
Okt. 2009 137
Nov. 2009 137.1
Dec. 2009 137.4
Jan. 2010 137.1
Feb. 2010 136
Mar. 2010 135.1
Apr. 2010 135.5
May 2010 136.3
June 2010 137.5
July 2010 138.2
Aug. 2010 136.8
Sep. 2010 134.5
Okt. 2010 134.7
Nov. 2010 137.3
Dec. 2010 138.3
Jan. 2011 137.4
Feb. 2011 136.6
Mar. 2011 135.4
Apr. 2011 136.7
May 2011 136.4
June 2011 137.9
July 2011 136.7
Aug. 2011 136.2
Sep. 2011 136.1
Okt. 2011 137.1
Nov. 2011 139.1
Dec. 2011 141.6
Jan. 2012 143.4
Feb. 2012 144
Mar. 2012 143.8
Apr. 2012 142.7
May 2012 143.2
June 2012 142.8
July 2012 143.8
Aug. 2012 143.6
Sep. 2012 144.9
Okt. 2012 145
Nov. 2012 145.8
Dec. 2012 145.4
Jan. 2013 146.6
Feb. 2013 145.5
Mar. 2013 146.7
Apr. 2013 146
May 2013 146.2
June 2013 147.5
July 2013 150.9
Aug. 2013 153.6
Sep. 2013 153.9
Okt. 2013 152.1
Nov. 2013 151.7
Dec. 2013 151.2
Jan. 2014 150.2
Feb. 2014 151.1
Mar. 2014 150.1
Apr. 2014 151.7
May 2014 150.2
June 2014 149.2
July 2014 148.2
Aug. 2014 150.9
Sep. 2014 151.2
Okt. 2014 151.7
Nov. 2014 150.7
Dec. 2014 152.3
Jan. 2015 150.3
Feb. 2015 150.1
Mar. 2015 150.9
Apr. 2015 153.1
May 2015 151.8
June 2015 150.1
July 2015 148.6
Aug. 2015 148.4
Sep. 2015 147.7
Okt. 2015 147.7
Nov. 2015 145.1
Dec. 2015 144.2
Jan. 2016 142
Feb. 2016 140.3
Mar. 2016 138.5
Apr. 2016 137.6
May 2016 139.1
June 2016 138.9
July 2016 138.5
Aug. 2016 136.9
Sep. 2016 136.2
Okt. 2016 135.3
Nov. 2016 135
Dec. 2016 134.5
Jan. 2017 136.4
Feb. 2017 138
Mar. 2017 139.4
Apr. 2017 139.9

Three-month change: growth in refined petroleum, chemicals and pharmaceuticals industries

The 2.6 per cent increase from February to April 2017 was mainly due to a continued growth in the turnover for grouping refined petroleum, chemicals and pharmaceutical products, which rose 13 per cent. Moreover, basic metals and repair, installation of machinery helped to pull up the total turnover.

Figure 2. Selected industries. Seasonally adjusted. Three-month moving average¹

Food, beverages and tobacco Refined petro. chemicals, pharmac. Basic metals Ships, boats and oil platforms Machinery and equipment
Jan. 2011 144.3 152.4 121.6 126.9 187.1
Feb. 2011 145.1 151.4 124.0 120.9 171.2
Mar. 2011 145.6 148.6 120.9 113.3 173.7
Apr. 2011 147.2 149.7 120.3 124.2 165.5
May 2011 146.2 151.4 120.8 120.7 174.5
June 2011 148.0 146.0 118.5 121.0 170.7
July 2011 146.0 144.9 120.0 105.9 174.1
Aug. 2011 148.2 139.9 118.6 103.0 166.3
Sep. 2011 149.4 144.0 120.3 103.5 173.4
Okt. 2011 150.8 146.7 117.6 106.4 177.2
Nov. 2011 151.9 151.1 113.8 118.9 180.2
Dec. 2011 151.1 152.3 109.9 128.4 195.0
Jan. 2012 153.4 152.3 108.9 141.0 197.5
Feb. 2012 154.6 152.6 108.4 142.7 202.5
Mar. 2012 159.9 155.6 110.1 135.0 197.0
Apr. 2012 158.7 155.8 108.8 129.1 202.0
May 2012 158.9 154.1 106.8 137.0 212.5
June 2012 155.2 147.4 104.9 145.5 210.8
July 2012 156.0 146.8 103.9 154.5 210.7
Aug. 2012 155.5 153.1 104.4 140.5 206.5
Sep. 2012 155.3 158.3 99.6 147.3 215.0
Okt. 2012 153.6 156.9 98.1 142.9 227.5
Nov. 2012 154.2 151.1 97.6 153.3 229.4
Dec. 2012 158.1 151.9 100.0 142.9 229.6
Jan. 2013 160.8 154.9 98.7 147.3 236.2
Feb. 2013 160.7 156.8 96.8 134.3 238.7
Mar. 2013 160.1 156.4 96.4 136.3 235.3
Apr. 2013 162.0 153.6 95.6 126.5 233.6
May 2013 165.8 149.4 95.2 134.8 240.2
June 2013 166.4 146.2 92.5 139.8 261.5
July 2013 169.3 147.2 92.3 160.7 271.0
Aug. 2013 170.0 151.1 91.6 161.3 274.6
Sep. 2013 170.5 158.5 92.8 157.3 275.3
Okt. 2013 169.9 157.0 92.6 142.0 264.8
Nov. 2013 168.3 155.9 93.2 142.7 279.0
Dec. 2013 170.2 150.6 94.2 147.1 277.0
Jan.2014 168.1 152.7 96.1 144.4 273.2
Feb. 2014 168.4 152.4 96.4 158.0 263.9
Mar. 2014 165.9 148.7 95.2 162.5 256.7
Apr. 2014 170.5 146.5 94.6 166.7 265.5
May 2014 171.4 144.5 93.8 154.4 261.5
June 2014 172.7 142.2 96.3 149.4 268.9
July 2014 170.6 139.7 97.7 143.1 275.6
Aug. 2014 172.0 137.3 101.7 151.5 307.8
Sep. 2014 172.8 134.6 101.7 150.1 306.8
Okt. 2014 173.0 132.5 105.0 161.4 304.9
Nov. 2014 173.9 134.7 105.3 158.3 289.1
Dec. 2014 175.5 134.5 110.3 156.5 295.4
Jan. 2015 177.5 129.6 110.8 140.8 302.7
Feb. 2015 177.0 123.2 113.6 144.4 304.8
Mar. 2015 176.8 126.7 112.6 141.3 316.2
Apr. 2015 177.9 129.4 113.6 155.6 306.7
May 2015 178.5 130.8 112.4 147.1 301.6
June 2015 178.9 131.6 112.3 142.7 282.7
July 2015 178.7 132.0 110.9 135.8 273.0
Aug. 2015 180.2 130.0 110.2 134.3 262.8
Sep. 2015 180.0 131.8 109.0 134.0 254.5
Okt. 2015 181.3 134.4 104.9 122.3 254.9
Nov. 2015 182.7 136.8 103.2 110.4 240.7
Dec. 2015 185.6 132.8 100.9 113.8 235.5
Jan. 2016 186.8 126.1 101.5 122.4 221.5
Feb. 2016 190.5 116.7 101.0 121.5 210.3
Mar. 2016 192.7 110.9 101.0 112.0 202.4
Apr. 2016 194.0 108.5 101.2 104.5 195.6
May 2016 193.0 113.5 100.5 111.3 189.9
June 2016 193.8 114.4 101.9 115.1 171.8
July 2016 193.7 113.9 104.2 112.5 166.1
Aug. 2016 193.6 113.3 104.9 103.3 161.8
Sep. 2016 194.0 106.2 105.6 100.7 168.1
Okt. 2016 195.0 101.9 103.8 101.6 161.1
Nov. 2016 195.9 96.3 105.5 106.2 146.8
Dec. 2016 196.0 102.1 105.7 101.9 131.0
Jan. 2017 196.8 120.6 108.7 99.0 126.7
Feb. 2017 197.3 133.3 111.7 91.4 130.5
Mar. 2017 197.6 141.1 115.5 95.7 126.5
Apr. 2017 196.2 136.0 117.4 94.6 126.5

On the contrary, building of ships, boats, and oil platforms (4.4 per cent) and computer and electrical equipment (2.8 per cent) contributed most to curb the total increase in the manufacturing turnover.

Monthly change: increase in manufacturing turnover

Total Norwegian manufacturing turnover went up 1.3 per cent March to April 2017, according to seasonally-adjusted figures.

The repair, installation of machinery industry registered a solid growth of 21 per cent. The high level of activities and several deliveries among a few leading suppliers accounted this industry for the biggest contributor to the positive trend in total turnover.

Monthly change: slight decline in Norway and rise in the euro area

Total turnover for Norwegian manufacturing went down 0.5 per cent from February to March 2017, according to seasonally-adjusted figures. Manufacturing in the euro area also showed a slight increase of 0.3 per cent. . In the Nordic countries, Sweden and Denmark showed an increase of 1.9 and 2.1 per cent respectively, according to Eurostat.

Calendar-adjusted figures

Calendar adjustment involves adjusting for the effects of working-days and for moving holidays. Working-day adjustment means correcting for the fact that the number of working days/trading days can vary from one month to another.

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