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Growth in turnover in first half of 2007
statistikk
2007-08-07T10:00:00.000Z
Energy and manufacturing;Energy and manufacturing
en
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
false

Turnover in oil and gas, manufacturing, mining and electricity supply, June 2007

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Growth in turnover in first half of 2007

Turnover in Norwegian manufacturing amounted to NOK 404 billion in the period January to June 2007, an increase of 17 per cent from the same period in 2006. The domestic and export markets contributed equally to the positive development.

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

Strongest growth from capital goods

Turnover of capital goods rose by 23.2 per cent in the first half of this year compared with the same period last year. The major contributors to the strong growth come from the high level of activity in machinery and equipment, oil platforms and modules and transport equipment.

Turnover of intermediate goods rose by 19.8 per cent in the first six months of 2007 compared with the same period last year. Manufacture of basic metals, basic chemicals and manufacture of pulp, paper and paper products showed the strongest increase. High prices in the metal market contributed to the growth in turnover of basic metals.

Consumer goods experienced an increase in turnover of 7.4 per cent in the first six months of 2007 compared with the same period in 2006.

Energy goods had a fall in turnover of 13 per cent in the first six months of 2007 compared with the same period last year. Lower production of oil may be behind this decline.

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. June 2007
  Original series1January-June 2007 Changes in per cent January-June 2006-January-June 2007 Original series1June 2007 Changes in per cent June 2006-June 2007 Changes in per cent. Seasonally adjusted. Jan. 2007-Mar. 2007-April 2007-June 2007
The overall turnover  716 372 0.5  121 062 -3.2 1.6
           
Oil and Gas Extraction  267 036 -5.2 39 274 -18.6 1.5
Manufacturing  403 875 16.6 75 114 13.8 0.4
Domestic Market  246 506 16.4 45 244 9.4 -4.0
Export Market  157 369 17.1 29 870 21.3 8.3
Electricity, Gas and Steam Supply 39 826 -49.8 5 570 -42.7 -5.9
           
Main industrial groupings          
Intermediate goods  153 133 19.8 27 816 13.6 -0.8
Capital goods  120 485 23.2 23 831 24.2 -2.2
Consumer goods  100 487 7.4 17 618 2.6 -2.1
Energy goods  342 270 -13.0 51 797 -19.3 4.6
1  NOK million.