Turnover in oil and gas, manufacturing, mining and electricity supply, January 2005

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.

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.