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/en/energi-og-industri/statistikker/ogibkoms/arkiv
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Continued decline in turnover
statistikk
2003-07-07T10:00:00.000Z
Energy and manufacturing;Energy and manufacturing
en
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
false

Turnover in oil and gas, manufacturing, mining and electricity supplyMay 2003

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Continued decline in turnover

From January to May turnover within manufacturing was NOK 206 billion. This is a 4.3 per cent drop from the same period in 2002. Intermediate goods, capital goods and consumer goods all experienced a decline in the period.

Turnover, main industrial groupings. Seasonally adjusted. 3-month moving average.

Within Norwegian oil and gas extraction turnover fell by approximately 9 per cent in May compared with the same month a year before. This was a result of both lower production and lower prices in May.

Intermediate goods in decline

Turnover within intermediate goods fell by 5.5 per cent in the period from January to May compared with the same period last year. Apart from wood and wood products 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.

Capital goods also in decline

Capital goods (transport equipment, fabricated metal products and machinery and equipment n.e.c.) also experienced a decline in the first five months in 2003 compared with the same period last year. The sharp decline of 15 per cent in May compared with May last year is partly due to a strong turnover in May 2002.

Consumer goods fell 7 per cent

Consumer goods (food and food products, textiles, wearing apparel, leather and publishing, printing and reproduction) had a 7 per cent decrease in turnover in the five-month-period in relation to the same period in 2002. There were overall negative tendencies in turnover for consumer goods, but lower turnover within food and food products was the main contributor to the decline.

Changes within electricity, gas and steam supply

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.
May 2003
  Original series1 Changes in per cent Original series1 Changes in per cent Seasonally adjusted changes in per cent
  May 2003  May 02-May 03 January-May 03 January-May 02-January-May 03 April 03-May 03
The overall turnover 80 710 -3.3  424 376 7.6 -0.7
           
Oil and Gas Extraction 28 137 -9.2  150 432 6.5 1.4
Manufacturing 41 745 -10.7  205 967 -4.3 -4.8
Electricity, Gas and Steam Supply 10 317  101.5 65 683 88.4 33.2
           
Main industrial groupings          
Intermediate goods 15 205 -8.0 71 802 -5.5 -0.9
Capital goods 10 119 -15.3 52 436 -5.4 -10.2
Consumer goods 14 995 -9.9 71 219 -7.0 -0.1
Energy goods 40 390 5.3  228 918 22.8 2.8
1  Million NOK.