Turnover in oil and gas, manufacturing, mining and electricity supply, 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.

Continued decline for export related industries

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.