This is an archived release.
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.
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
Changes in per cent
changes in per cent
Changes in per cent.
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|
|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|
Find detailed figures from Turnover in oil and gas, manufacturing, mining and electricity supply