Increased turnover in manufacturing
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 supplySeptember 2003



This is an archived release.

Go to latest release

Increased turnover in manufacturing

Total turnover in manufacturing in the third quarter this year was approximately NOK 124 billion. This is a 4 per cent increase from the second quarter. Several industries experienced higher turnover in the period. Within capital goods there was an increase of 6 per cent from the previous quarter.

Increased turnover within industries such as machinery and equipment n.e.c, oil platforms and modules and transport equipment contribute to an improvement for capital goods in the third quarter compared with the second quarter 2003. Turnover within machinery and equipment n.e.c and transport equipment was stronger in the beginning of the third quarter, while turnover for oil platforms and modules increased towards the end of the period.

Turnover, main industrial groupings. Seasonally adjusted. 3-monthmoving average

Intermediate goods up

Due to higher turnover within pulp, paper and paper products, other non-metallic mineral products and basic metals, intermediate goods experienced a 0.3 per cent increase in the third quarter 2003. Wood and wood products and basic chemicals fell in the same period. Basic chemicals however showed a stronger turnover towards the end of the quarter.

Consumer goods up

Consumer goods (food and food products, textiles, wearing apparel and leather and publishing, printing and reproduction) experienced a 2.6 per cent increase in the third quarter. The largest contributor to the raise was a 2 per cent increase in turnover for food and food products. Turnover within this industry was in the third quarter almost at the same level as it was in the first quarter this year. Publishing, printing, reproduction and furniture, other manufacturing and recycling also saw an increase within the period.

Oil- and gas extraction up

Norwegian oil- and gas extraction had a turnover of approximately NOK 261 billion from January to September this year. This is a 1 per cent increase compared to the same 9-month-period in 2002. Turnover in the third quarter also shows a slight increase compared to the same period in 2002, still the best results so far this year, occurred in the first quarter of 2003. This was mostly due to a higher price on oil in the first quarter than in the two following quarters.

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. September 2003
  Original series September 2003 Changes in per cent September 2002- September 2003 Original series1January-September 2003 Changes in per cent January-September 2002 - January-September 2003 Seasonally adjusted changes in per cent August 2003-September 2003
The overall turnover 81 453 2.5  732 640 4.1 1.2
Oil and Gas Extraction 27 049 -0.3  260 888 1.0 4.6
Manufacturing 45 860 0.6  374 723 -2.4 0.2
Electricity, Gas and Steam Supply 7 907 36.3 92 308 67.0 2.4
Main industrial groupings          
Intermediate goods 16 534 1.5  131 394 -3.6 2.6
Capital goods 11 659 -4.6 95 444 -3.2 -6.4
Consumer goods 16 009 -2.4  129 890 -4.6 1.5
Energy goods 37 252 7.8  375 911 13.0 3.8
1  Million NOK.