This is an archived release.
Moderate growth in turnover
Total turnover in Norwegian manufacturing was 1.2 per cent higher in the period from March to May 2008 compared to the previous three-month period, according to seasonally adjusted figures.
Total turnover rose by 2.8 per cent in the domestic market. The export marked saw a 1.6 per cent decline in the same period. The growth in total turnover is a result of both increased volume ( see Index of Production ) and price developments (see Producer price index )
The turnover growth is measured by the relative difference between average turnover the three-month period from March to may and average turnover in the previous three-month period.
The turnover in intermediate goods rose by 2.9 per cent in March to May this year compared to the previous three-month period. Turnover in the domestic marked went up by 6.4 per cent due to positive development in the turnover of rubber and plastic products, other non-metallic products and parts of fabricated metal products. Export turnover declined by 1.1 per cent
Capital goods turnover went up by 0.9 per cent. Export turnover went up by 9.5 per cent, while turnover in the domestic marked dropped with 1.1 per cent. Transport equipment and machinery and equipment were the main contributors to the increase in export turnover.
Consumer goods went down by 0.8 per cent. There was a decline in both domestic and export marked.
|Original series.1January-May 2008||Changes in per cent. January-May 2007-January-May 2008||Original series.1May 2008||Changes in per cent. May 2007-May 2008||
Changes in per cent. Seasonally adjusted.
December 2007-February 2008-March 2008-May 2008
|The overall turnover||681 222||15.2||139 336||15.4||0.3|
|Oil and Gas Extraction||282 784||24.2||59 195||26.5||2.9|
|Manufacturing||346 163||6.5||72 236||7.0||1.2|
|Hjemmemarked||206 293||4.7||44 093||6.2||2.8|
|Eksportmarked||139 870||9.3||28 143||8.3||-1.6|
|Electricity, Gas and Steam Supply||47 578||38.9||6 753||22.6||-14.4|
|Main industrial groupings|
|Intermediate goods||127 642||2.3||27 188||4.0||2.9|
|Capital goods||102 818||11.3||21 216||12.8||0.9|
|Consumer goods||84 057||1.8||16 757||-0.3||-0.8|
|Energy goods||366 706||25.8||74 175||25.8||0.5|
Find detailed figures from Turnover in oil and gas, manufacturing, mining and electricity supply