Minor changes in turnover
Energy and manufacturing;Energy and manufacturing
ogibkoms, Turnover in oil and gas, manufacturing, mining and electricity supply, industrial turnover, domestic market, export market, valueEnergy , Oil and gas , Manufacturing, mining and quarrying , Energy and manufacturing

Turnover in oil and gas, manufacturing, mining and electricity supplyOctober 2002



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Minor changes in turnover

Total turnover in manufacturing was approximately NOK 46 billion in October 2002, according to original series. This is a 0.6 per cent increase compared with October last year. Seasonally adjusted figures indicate a decrease of 3.2 per cent from September to October.

October figures show a continual increase in turnover within industries such as food products, machinery and equipment and fabricated metal products compared with October2001. These are sectors within manufacturing that contribute to the improvement of the results. Seasonally adjusted figures, though, show a decrease in turnover within the manufacturing of food products from September to October. Furthermore, the manufacturing of oil platforms and modules and transport equipment has also contributed to this decline, although these particular sectors have experienced an even turnover so far this year.

Total turnover in manufacturing continues to fall due to the deteriorating demand and negative tendencies within the export marked. When comparing with last month, export related industries such as refined petroleum products and chemicals and chemical products as well as pulp, paper and paper products have experienced a decrease of 2.8 per cent and 3.2 per cent, respectively, when comparing with last month. Machinery and equipment has also experienced a decrease in total turnover, although less significant than the decrease previous month. Compared with October 2001, there has been a negative growth within export related industries.

When comparing with September, turnover for oil and gas extraction indicates a drop of 6.5 per cent, according to seasonally adjusted figures. Compared with October last year original series show an increase of 18.4 per cent.

Decrease in turnover for investment goods

From September to October, seasonally adjusted figures show a decrease within all main industrial groupings. Investment goods have experienced a decline of 6.1 per cent in October, after an increase in the two previous months. When comparing with October 2001, the figures show positive growth for all four main industrial groupings.

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. October 2002
  Original series1 Change in per cent Seasonally adjusted changes in per cent
  October 2002 October 2001-October 2002 July-August 2002 August-September 2002 September-October 2002
The overall index 96 267 10.7 1.1 -0.7 -2.6
Oil and Gas Extraction 40 714 18.4 4.8 1.0 -6.5
Manufacturing 46 185 0.6 0.1 0.9 -3.2
Electricity, Gas and Steam Supply 8 436 51.0 -4.6 9.1 13.2
Main industrial groupings          
Intermediate goods 16 942 1.5 1.9 0.3 -0.4
Capital goods 11 112 3.4 3.3 1.3 -6.0
Consumer goods 17 601 2.7 -5.6 6.6 -4.3
Energy goods 51 152 19.1 5.2 -0.6 -4.7
1  Million NOK.