This is an archived release.
Weaker turnover in manufacturing
From January to April turnover within manufacturing was NOK 165 billion. This is a 2.1 per cent drop from the same period in 2002. Intermediate goods, capital goods and consumer goods all experienced a fall in the period.
Within Norwegian oil- and gas extraction turnover fell by approximately 8 per cent in April compared with the same month a year before. This was a result of both lower production and lower prices in April.
Turnover for intermediate goods decline
Intermediate goods dropped 4.6 per cent in the period from January to April compared to the same period last year. Apart from basic metals and other non-metallic mineral products, all industries within the main industrial grouping had a lower turnover in the period. Basic chemicals experienced the largest decrease in turnover.
Consumer goods also in decline
Consumer goods (food and food products, textiles, wearing apparel, leather and publishing, printing and reproduction) had a 5.8 per cent decrease in turnover in the four-month-period in relation to the same period in 2002. Lower turnover for food and food products was the main contributor to the decline, but there was overall negative tendencies in turnover for consumer goods. The reduction within food and food products was mainly due to continued weak turnover in the production and preservation of fish and fish products.
Lower turnover for capital goods
Industries producing capital goods (transport equipment, fabricated metal products and machinery and equipment n.e.c) also experienced a decline in the period from January to April compared with last year. The decline is however somewhat slighter than for intermediate- and consumer goods. Realization of several large contracts within transport equipment in April subdued the decline for capital goods.
Rates and Electricity, gas and steam supply
Year-on-year figures for April should be interpreted cautiously, due to the fact that the Easter holiday was in March last year and in April this year. Long-term financial contracts influence the level in turnover within electricity, gas and steam supply. It is therefore advised to interpret figures with caution.
Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply.
|Original series1||Changes in per cent||Seasonally adjusted changes in per cent|
|April 2003||April 2002-April 2003||January 2003-February 2003||February 2003-March 2003||March 2003-April 2003|
|The overall turnover||79 274||-7.3||8.6||-10.1||-7.0|
|Oil and Gas Extraction||28 728||-7.6||2.6||-7.9||-7.0|
|Electricity, Gas and Steam Supply||8 256||21.6||31.1||-30.9||-27.7|
|Main industrial groupings|
|Intermediate goods||14 425||-11.3||0.0||1.5||0.8|
|Capital goods||11 359||-11.7||10.2||-7.8||6.9|
|Consumer goods||14 296||-13.4||-8.7||0.6||-0.2|
|Energy goods||39 195||-1.8||19.1||-15.6||-16.0|
Find detailed figures from Turnover in oil and gas, manufacturing, mining and electricity supply