Slight decline 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 supplyNovember 2002



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Slight decline in turnover

Turnover within manufacturing was approximately NOK 461 billion from January to November 2002. This is 2.1 per cent less than in the same period in 2001. Seasonally adjusted figures show a 1.4 per cent decline in turnover for manufacturing from October to November 2002.

Intermediate goods experienced a 5.2 per cent decrease in turnover in the period from January to November 2002 compared with the same period in 2001, a result of continued decline within pulp, paper and paper products, non-ferrous metals and basic chemicals and chemical products. Capital goods, on the other hand, have seen a 4.4 per cent increase in the same period. This is mostly due to a positive trend within fabricated metal products, machinery and equipment as well as transport equipment.

Increased turnover for pulp, paper and paper products

Both capital goods and intermediate goods experienced a slight drop in turnover from October to November, according to seasonally adjusted figures, by 2.8 per cent and 2.5 per cent respectively. After a long period of decline, turnover for pulp, paper and paper products rose by 3.2 per cent from October to November. Turnover within basic metals is now showing signs of leveling, also after period of decline.

Figures for November show a negative trend for intermediate goods compared with November 2001, according to unadjusted figures. The decline is mostly caused by the weak trend for pulp, paper and paper products and basic chemicals and chemical products. Capital goods experienced a somewhat stronger decline in November, a result of a drop in turnover for machinery and equipment, transport equipment, oil platforms and modules and electrical and optical equipment. Fabricated metal products, however, show a 6.4 per cent increase compared with November last year.

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. November 2002
  Original series1 Change in per cent Seasonally adjusted changes in per cent
  November 2002 November 2001-November 2002 August 2002-September 2002 September 2002-October 2002 October 2002-November 2002
The overall turnover 98 281 14.1 0.8 -2.4 2.2
Oil and Gas Extraction 41 717 31.2 0.7 -6.5 0.2
Manufacturing 43 995 -5.5 0.6 -3.4 -1.4
Electricity, Gas and Steam Supply 11 709 75.6 11.5 14.9 24.1
Main industrial groupings          
Intermediate goods 15 566 -5.1 -0.1 -0.4 -2.5
Capital goods 10 956 -13.4 0.7 -7.6 -2.8
Consumer goods 16 137 -0.9 6.2 -4.3 0.4
Energy goods 55 621 36.3 1.0 -3.7 7.6
1  Million NOK.