Slow start 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 supplyJanuary 2005



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Slow start in manufacturing

Norwegian manufacturing showed a weak decline in turnover from November 2004 to January 2005, compared to the previous three-month period. The decline applies for capital goods and consumer goods, while as intermediate goods stays unchanged.

Seasonally adjusted figures show a decline in manufacturing of 2.0 per cent compared to the previous three-month period (August to October 2004). Even though the decline was small, it was present within all main industrial groupings.

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

Unchanged for intermediate goods

The largest industry within intermediate goods, refined petroleum products, chemicals and chemical products, has experienced a strong decline the last three-month period compared to the previous period, due to very strong figures for this particular industry in October 2004. Other non-metallic mineral products, and parts of the industry producing fabricated metal products, with their increase in turnover, evens out the overall result.

Small decline in capital goods

Compared to the last three-month period, there has been a slight decrease in manufacturing within capital goods. The drop in turnover can be explained by the substantial fall in oil platforms and modules. Transport equipments are, however, experiencing a positive trend, and have experienced growth in the two previous three-month periods.

Consumer goods down

Food products are the principal contributor of consumer goods. A decline in this industry, influence the group, over all. Other industries, such as publishing, printing and reproduction, however, improve within this last period.

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity
and gas supply. January 2005
  Original series1
January 2005
       Changes in per cent
January 2004-
January 2005
       Seasonally adjusted
changes in per cent
December 2004-
January 2005
Changes in per cent.
Seasonally adjusted.
August-October 2004 -
       November 2004-January 2005
The overall turnover 84 348 3.0 0.4 -4.8
Oil and Gas Extraction 34 505 13.4 5.8 -4.6
Manufacturing 39 106 1.7 -1.0 -2.0
Electricity, Gas and Steam Supply 10 142 -18.7 -15.3 -17.8
Main industrial groupings        
Intermediate goods 15 555 4.0 0.2 0.0
Capital goods 8 058 12.3 -0.5 -1.4
Consumer goods 12 721 -10.6 -2.4 -1.5
Energy goods 48 015 5.4 4.3 -8.8
1  Million NOK.