Continued rise in 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 supplyJanuary 2008



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Continued rise in turnover

Seasonally adjusted figures show that total turnover in Norwegian manufacturing increased by 2.7 percent from December 2007 to January 2008 compared with the previous three-month period. Turnover in the export market rose by 10.6 per cent, while turnover in the domestic market fell by 2.0 per cent.

Index of turnover for manufacturing January 1999 - January 2008, 1998=100

Capital goods turnover increased by 1.5 per cent from November 2007 to January 2008, compared to the previous three-month period. Electrical and optical equipment showed the strongest increase with 7.4 per cent in total. The export market contributed with 21.4 per cent of this growth.

The turnover within intermediate goods rose by 0.9 per cent in the same period. Refined petroleum products and chemical products had the strongest growth with 12.5 per cent. Other groups with positive results were basic metals and rubber and plastic products with an increase of 1.4 and 3.4 per cent respectively.

The turnover within food products, beverages and tobacco rose by 1.8 per cent compared to the previous three-month period. This resulted in a 0.1 per cent increase in the total turnover of consumer goods.

Seasonally adjusted figures show that from December 2007 to January 2008 the total turnover within manufacturing rose by 1.0 per cent. The strongest growth was seen in capital goods with 3.8 per cent.

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. January 2008
  Original series1
January 2008
Changes in per cent
January 2007-
January 2008
Seasonally adjusted
changes in per cent
December 2007-
January 2008
Changes in per cent.
Seasonally adjusted
August 2007-October 2007-
November 2007-January 2008
The overall turnover  131 505 11.2 -2.1 6.2
Oil and Gas Extraction 53 655 12.9 -4.8 8.7
Manufacturing 64 385 4.3 1.0 2.7
Domestic market 36 207   1.5 -2.0
Export market 28 178 10.4 -3.8 10.6
Electricity, Gas and Steam Supply2 12 644 56.3 8.3 26.5
Main industrial groupings        
Intermediate goods 24 354 0.5 0.8 0.9
Capital goods 17 221 2.9 3.8 1.5
Consumer goods 16 867 2.8 1.8 0.1
Energy goods 73 064 20.0 -5.0 12.2
1  NOK million.
2  Turnover in Electricity, Gas and Steam Supply is lower due to a new method for defining the Norwegian region of the
spot market for trading of electrical energy.