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8112
Stable manufacturing turnover
statistikk
2010-07-07T10:00:00.000Z
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
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Turnover in oil and gas, manufacturing, mining and electricity supply, May 2010

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Stable manufacturing turnover

Seasonally adjusted figures show a stable development in the turnover in Norwegian manufacturing from March to May 2010, compared to the preceding three-month period.

Index of turnover for manufacturing. Seasonally-adjusted. Three-month average 2001-2010

Although the main seasonally adjusted figures remained unchanged, several industries showed lower results in the last three-month period. Among these industries were building of ships, boats and oil platforms, down 8.4 per cent. Machinery and equipment decreased by 4.8 per cent. The fall within these industries was in the export market. Repair, installation of machinery also showed a weaker turnover, down 10 per cent compared to the preceding three-month period.

Despite higher production volume, the turnover for food products and beverages fell by 3.2 per cent. This is partly due to lower turnover in the domestic market.

Conversely, industries with increased turnover included refined petroleum, chemicals and pharmaceuticals, up 5.3 per cent. This was mainly due to a boost in the production volume (see the index of production ). Basic metals went up by 10.8 per cent totally. The positive tendency for this industry was driven by a favourable combination of higher production volume and prices (see Producer price index ).

Selected industries. Seasonally-adjusted. Three-month average 2003-2010

The turnover within the industries wood and wood products together with rubber, plastic and mineral products increased by 5.1 and 3.2 per cent respectively the last three-month period. Increase in the production volume contributed to this result.

Slight increase the last twelve months

Unadjusted figures show a slight increase in total manufacturing turnover, of 0.6 per cent from May 2009 to May 2010. The turnover increased by 16.4 per cent in the export market, but fell by 6.8 per cent in the domestic market.

Increased turnover from April to May

Seasonally adjusted figures show an increase in Norwegian manufacturing turnover, of 2.8 per cent from April to May this year. The major contributors to this result were building of ships, boats and oil platforms - up 26.4 per cent - and food and beverages, which increased by 6.6 per cent.

Lower growth than the Euro area

Unadjusted figures show that there was a 0.5 per cent increase in the Norwegian manufacturing turnover from April 2009 to April 2010. Manufacturing turnover in the Euro area went up 10.1 per cent in the same period, according to figures published by Eurostat .

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. May 2010
 
  Original series.1
January-Mai 2010		 Changes in per cent.
January-May 2009-
January-May 2010		 Original series.1
May 2010		 Changes in per cent.
Mai 2009-Mai 2010		 Changes in per cent.
Seasonally adjusted.
December 2009-February 2009-
March 2010-May 2010
 
The overall turnover  609 122 3.7  114 834 6.1 -1.5
           
Extraction and related services  234 693 3.9 43 731 7.2 1.1
Manufacturing, mining and quarrying  303 516 -2.7 60 643 0.6 -0.2
Domestic market  186 522 -7.1 38 142 -7.0 -1.8
Export market  116 994 5.3 22 501 16.8 -3.1
Electricity, Gas and Steam Supply 70 914 42.7 10 460 44.6 10.2
           
Main industrial groupings          
Intermediate goods  128 313 5.2 27 305 10.3 2.7
Capital goods 95 202 -15.0 18 311 -10.0 -1.8
Consumer goods 76 122 -3.7 14 404 -6.9 -2.4
Energy goods  309 482 12.8 54 813 14.9 1.4
 
1  NOK million.

Seasonally adjusted three-month moving average

The seasonally adjusted three-month moving average for all series is now available in StatBank. Three-month moving average is used to minimise the effect of random variation in monthly figures in order to give a better description of current economic trends. The three-month moving average index number is the average of the three previous monthly index numbers. For example: three-month moving average for May is the average monthly index numbers for March, April and May.

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