This is an archived release.
Increase in manufacturing
Total turnover in Norwegian manufacturing amounted to almost NOK 135 billion in the period May to July 2005, a 5.4 per cent increase from the same period in 2004. All the main industrial groupings except consumer goods experienced positive growth.
Turnover in Norwegian oil and gas extraction amounted to approximately NOK 46 billion in July, an increase of 10.4 per cent compared with July last year. The average price of oil was NOK 382 per barrel in July, compared with NOK 262 in July last year, according to external trade figures.
The turnover of intermediate goods increased slightly in the last three-month period compared with the previous period, according to seasonally adjusted figures. The turnover of basic metals, rubber and plastic products and basic chemicals went down in the same period.
The increase in turnover of capital goods continued in the May to July period. The increase was apparent across all sectors, but highest for transport equipment.
The turnover of consumer goods declined in the May to July period. The largest decline was recorded for food and food products, but this was partly offset by positive figures within furniture and recycling and textiles, wearing apparel and leather.
|Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. July 2005|
|Original series1January-July 05||Changes in per cent January-July 2004 - January-July 2005||Original series1July 2005||Changes in per cent July 2004- July 2005||
Changes in per cent. Seasonally adjusted. February 2005-April 2005-
May 2005-Juy 2005
|The overall turnover||665 498||10.7||93 610||6.7||3.5|
|Oil and Gas Extraction||288 733||21.4||45 768||10.4||-0.3|
|Manufacturing||305 417||3.3||38 740||4.9||4.7|
|Electricity, Gas and Steam Supply||65 504||4.5||7 996||-4.1||14.9|
|Main industrial groupings|
|Intermediate goods||118 043||2.4||14 668||0.5||0.6|
|Capital goods||71 214||8.0||8 216||17.8||10.3|
|Consumer goods||95 807||-5.8||12 129||-9.9||-1.8|
|Energy goods||380 436||19.5||58 596||11.1||2.9|
Find detailed figures from Turnover in oil and gas, manufacturing, mining and electricity supply