This is an archived release.
Decline in manufacturing turnover
The total turnover in Norwegian manufacturing went down 1.3 per cent from March to May 2011 compared to the previous three-month period, according to seasonally-adjusted figures.
Turnover within the industry related to building ships, boats and oil platforms fell by 4.5 per cent in the last three-month period, according to seasonally-adjusted figures. Some of this decrease was due to the reclassification of several enterprises from manufacturing to service activities (see the first explanatory box below). Food products and repair and installation of machinery reduced the turnover by 3.5 and 2.7 per cent respectively.
Among the industries with positive results in the same period were fabricated metal products, up 5.8 per cent, while rubber, plastic and mineral products went up by 4.8 per cent.
Increase in turnover from April to May 2011
Seasonally-adjusted figures showed that the turnover in Norwegian manufacturing went up by 1.9 from April to May this year. The largest contributors to this were fabricated metal products and rubber, plastic and mineral products with a growth of 16.2 and 18.6 per cent respectively.
Small change in turnover from May 2010
Unadjusted figures showed that the total manufacturing turnover went up 6 per cent since the same month last year. This was due to an increase in the export market by 22.2 per cent, while the home market fell by 3.6 per cent.
The biggest positive change since last year had refined petroleum, chemicals and pharmaceuticals with an increase in turnover of 19.5 per cent and rubber, plastic and mineral products up 25.8 per cent.
Machinery and equipment experienced a fall in turnover of 28.2 per cent and repair and installation of machinery was down 22.7 per cent.
Norway and the euro area
Unadjusted figures show that the Norwegian manufacturing turnover went up 0.2 per cent from April 2010 to April 2011. Manufacturing turnover in the euro area went up 11 per cent in the same period, according to figures published by Eurostat .
in per cent.
|Changes in per cent.
May 2010-May 2011
|Changes in per cent.
December 2010-February 2011-
March 2011-May 2011
|The overall turnover||652 886||7.1||123 297||7.4||-3.4|
|Extraction and related services||271 948||15.9||47 038||7.7||-0.4|
|Manufacturing, mining and quarrying||309 081||1.7||64 592||6.4||-1.3|
|Domestic market||180 429||-3.4||37 082||-3.0||-5.0|
|Export market||128 650||9.9||27 509||22.4||2.4|
|Electricity, Gas and Steam Supply||71 858||1.2||11 667||11.5||-8.8|
|Main industrial groupings|
|Intermediate goods||146 940||14.4||32 825||20.4||1.0|
|Capital goods||81 247||-14.7||16 291||-11.1||-3.4|
|Consumer goods||75 435||-1.0||14 530||0.5||-2.9|
|Energy goods||349 263||12.8||59 650||8.9||-4.1|
From manufacturing to services in oil and gas extraction
As from January 2011, several enterprises have been reclassified from manufacturing to service activities in oil and gas extraction in the Central register of establishments and enterprises. As a result, these establishments have been moved from manufacturing to extraction and related services in the statistics on turnover. These changes have also been incorporated into the population that is used to inflate the sample to total turnover in the various industries. Read more about the changes in the annual statistics for oil and gas activity .
Changes in population basis
Turnover from auxiliary enterprises and financial holding companies is excluded from the defined population for the monthly statistics on turnover. This is in accordance with forthcoming changes in the publication of annual manufacturing statistics.
Interpretation of seasonally-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 October to December compared with January to March).
The relationship between production and turnover
The development in the turnover can be related to changes in both volume and prices in the different industries. Production to stocks and sales from stocks can also happen. Reporting during large deliveries of capital goods can contribute to differences in the development in the index of production and the statistics on turnover.
Find detailed figures from Turnover in oil and gas, manufacturing, mining and electricity supply