8106
/en/energi-og-industri/statistikker/ogibkoms/arkiv
8106
Unchanged manufacturing turnover
statistikk
2010-10-07T10:00:00.000Z
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 supplyAugust 2010

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Unchanged manufacturing turnover

The total turnover in Norwegian manufacturing was almost unchanged from June to August 2010 compared to the previous three-month period, according to seasonally-adjusted figures.

Index of turnover for manufacturing January 2001-August 2010, 2005=100

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

The turnover in Norwegian manufacturing had a small increase of just 0.2 per cent. Among the industries that lifted turnover figures was the grouping rubber, plastic and mineral products, which showed a 9.6 per cent increase in turnover. Basic metals went up by 3.2 per cent mainly due to an increase in basic metal prices (see producer price index ). In addition, building of ships, boats and oil platforms had a 0.9 per cent increase. This industry also experienced a higher production volume in the last three-month period, (see the index of production ).

On the other hand, industries with a lower turnover included refined petroleum, chemicals and pharmaceuticals, down by 9.7 per cent in total. This can be explained by lower turnover within refined petroleum products, which is one of the components of this group. Machinery and installation as well as fabricated metal products also reduced their turnover by 3.6 and 3.0 per cent respectively.

Interpretation of seasonal adjusted figures

In order to facilitate the interpretation of the short-term development, Statistics on turnover publishes three-month moving averages of the seasonally-adjusted figures. We normally compare the latest non-overlapping three-month periods (for instance June to August compared with March to May).

Decrease in turnover from July to August 2010

The turnover in Norwegian manufacturing fell by 3.7 per cent from July to August 2010, according to seasonally-adjusted figures. Among the industries that contributed to this result were building of ships, boats and oil platforms. Figures from the previous period were particularly high due to several major deliveries. There was therefore a strong fall of 17 per cent in August. Computer and electrical equipment had a 2.4 per cent decrease, while the grouping repair, installation of machinery dropped by 3.5 per cent in the same period. The result within these last two industries can partially be explained by lower production volume registered in August, see (the index of production ).

Decrease in August 2010 compared to August 2009

Unadjusted figures showed a fall of 1.4 per cent in total manufacturing turnover in July 2010 compared to July 2009. The strongest fall was within machinery and equipment by 15 per cent, and for the industry related to building of ship, boats and oil platforms the fall was 9.4 per cent.

Norway and the Euro area

Unadjusted figures show that there was a 2.5 per cent increase in Norwegian manufacturing turnover from July 2009 to July 2010. Manufacturing turnover in the Euro area went up 7.9 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. August 2010
 
  Original series.1
January-August 2010
Changes in per cent.
January-August 2009-
January-August 2010
Original series.1
August 2010
Changes in per cent.
August 2009-August 2010
Changes in per cent.
Seasonally adjusted.
March 2010-May 2010-
June 2010-August 2010
 
The overall turnover  953 905 3.6  108 461 -2.5 -3.3
Extraction and related services  364 571 2.8 39 141 -9.4 -6.1
Manufacturing, mining and quarrying  491 971 -0.8 60 961 -1.4 0.3
Domestic market  305 811 -4.2 38 655 -7.6 4.0
Export market  186 162 5.2 22 306 11.4 2.2
Electricity, Gas and Steam Supply 97 364 39.9 8 360 35.1 -15.0
Main industrial groupings          
Intermediate goods  213 462 7.8 28 720 11.0 4.1
Capital goods  149 650 -12.4 16 825 -10.4 -3.3
Consumer goods  122 770 -2.6 15 506 -1.0 2.5
Energy goods  468 022 10.0 47 410 -6.9 -11.3
 
1  NOK million.
 

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