Third quarter - increase 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 2004



This is an archived release.

Go to latest release

Third quarter - increase in manufacturing

Seasonally adjusted figures show that total turnover in Norwegian manufacturing ended close to 134 billion in the third quarter 2004. The growth is recorded in all main industrial groupings. So far this year, the turnover within Norwegian manufacturing has increased by nearly 5 per cent.

From the second quarter of 2004 to the last quarter of 2004, seasonally adjusted figures show that the production of oil and gas increased by 7 per cent. This increase must be seen in connection with the significant growth in prices for crude oil.

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

Growth in intermediate goods

Figures for the third quarter show a growth in total turnover for intermediate goods. This growth was strongest for chemical products. The growth in turnover within this industry was 0.9 per cent compared with the previous quarter.

Slight increase within capital goods

Seasonally adjusted figures from the third quarter show a slight increase in turnover for capital goods compared with last quarter. Most industries recorded a slight rise in turnover. However, the decreased turnover within transport equipment by 0.9 per cent had a reducing overall effect.

Growth in consumer goods

Turnover within consumer goods also increased in the third quarter. The growth in turnover of food products was particularly strong, but also within publishing, printing and reproduction the increase was considerable, 5.9 per cent and 6.2 per cent respectively.

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. September 2004
  Original series September 2004 Changes in per cent September 2003-September 2004 Original series1January-September 2004 Changes in per cent January-September 2003-January-September 2004 Changes in per cent. Seasonally adjusted. April-June 2004-July-September 2004
The overall turnover 96 641 18.6  786 316 7.3 7.1
Oil and Gas Extraction 37 231 37.6  309 375 18.6 7.0
Manufacturing 51 225 11.7  392 933 4.9 7.5
Electricity, Gas and Steam Supply 7 022 -11.2 76 712 -16.9 5.4
Main industrial groupings          
Intermediate goods 19 566 18.3  152 543 16.1 4.0
Capital goods 11 800 1.2 87 462 -8.4 1.5
Consumer goods 16 821 5.1  134 058 3.2 6.4
Energy goods 48 454 30.1  412 248 9.7 8.2
1  NOK Million.