Small decrease in manufacturing turnover
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 supplyNovember 2007



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Small decrease in manufacturing turnover

The turnover in Norwegian manufacturing decreased by 0.3 per cent in the period September to November compared to the previous three-month period, according to seasonally adjusted figures. Turnover in the domestic market rose by 4.5 per cent, while turnover in the export market fell by 7.1 per cent.

Index of turnover for manufacturing January 1998 - November 2007, 1998=100

The strong decrease is due to a drop in prices of some industrial groupings with large export shares, such as the chemical industry and metals. For more information on price developments in the manufacturing industry, see Producer price index .

Turnover in Norwegian manufacturing remains high

The turnover in the Norwegian manufacturing industries remains at a very high level in a historical perspective despite the moderate decline in seasonally adjusted figures in the last three-month period. Total turnover so far in 2007 amounts to NOK 729 billion according to unadjusted figures. This is an increase of 10.8 per cent compared to November 2006. The domestic and export markets have contributed equally to this development.

The main industrial groupings intermediate goods and capital goods both had an increase in turnover of 1.2 per cent in the last three-month period. The decrease in turnover of capital goods is mainly a result of a 9.6 per cent decrease for oil platforms. Consumer goods experienced an increase of 0.9 per cent, which was due to a 2.2 per cent increase in turnover in the domestic market.

Decrease for intermediate goods continues

Turnover of intermediate goods fell by 1.2 per cent in the last three month-period. The turnover in the export market fell by 5.9 per cent mainly due to a weak development in international metal prices. Basic chemicals were also an important contributor to this decrease with a drop of 7.7 per cent, mainly due to the strong fall in the domestic market with 18.4 per cent.

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. November 2007
  Original series1
January-November 2007
Changes in per cent
January-November 2006-
    January-November 2007
Original series1
    November 2007
    Changes in per cent
November 2006-
November 2007
Changes in per cent.
Seasonally adjusted.
Juni 2007-August 2007-
    September 2007-November 2007
The overall turnover 1 318 626 1.2  133 198 9.0 5.8
Oil and Gas Extraction  500 550 -1.3 49 199 11.6 9.8
Manufacturing  728 730 10.8 71 059 6.0 -0.3
Domestic Market  442 517 10.2 42 282 5.5 4.5
Export Market  286 213 11.9 28 777 6.7 -7.1
Electricity, Gas and Steam Supply     77 747 -39.3 11 650 14.2 33.1
Main industrial groupings          
Intermediate goods  278 115 13.1 25 877 2.7 -1.2
Capital goods  206 525 11.8 20 105 4.1 -1.2
Consumer goods  185 813 4.4 18 770 -0.2 0.9
Energy goods  648 170 -6.7 68 445 16.1 12.3
1  NOK million.