108541
/en/energi-og-industri/statistikker/ogibkoms/maaned
108541
Smooth growth in industrial turnover
statistikk
2013-12-06T10:00:00.000Z
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 supplyOctober 2013

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Smooth growth in industrial turnover

Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 1.4 per cent from August to October 2013 compared to the previous three-month period. Both the domestic and export market enjoyed a slightly positive trend.

Turnover. Percentage change and NOK million
Seasonally adjustedCalendar adjusted1Unadjusted
Monthly changeThree-month changeTwelve-month changeNOK million
October 2013 / September 2013August 2013 - October 2013 / May 2013 - July 2013October 2013 / October 2012October 2013
1Adjusted for working-days and for public holidays in Norway.
Extraction, mining, manufacturing and elec0.5-0.3-0.3147 633
Extraction and related services3.6-3.4-9.957 074
Mining and quarrying20.1-4.427.21 721
Manufacturing-1.61.43.876 524
Food, beverages and tobacco1.60.713.320 361
Refined petro., chemicals, pharmac.-7.96.3-0.511 400
Basic metals-2.70.0-8.14 532
Machinery and equipment-13.0-1.51.16 976
Ships, boats and oil plattforms0.3-6.83.76 376
Electricity, gas and steam-4.35.627.712 313

The biggest contributor to the 1.4 per cent increase was the grouping refined petroleum products, basic chemicals, and chemical and pharmaceutical products. These industries had a growth of 6.2 per cent from August to October 2013 compared to the previous three-month period, according to seasonally-adjusted figures . Computer and electrical equipment edged up 8.6 per cent, and rubber, plastic and mineral products grew 5.0 per cent, both helping to pull up the total turnover.

On the contrary, building of ships, boats and oil platforms recorded a 6.8 per cent decline in this period. Slight decreases were seen in the machinery and equipment industry (1.5 per cent), fabricated metal products (3.6 per cent), and repair, installation of machinery (2.0 per cent).

Basic metal remained unchanged; however, non-ferrous metals edged down 0.2 per cent.

Slight reduction in turnover from September to October

Seasonally-adjusted figures showed that total Norwegian manufacturing turnover decreased 1.6 per cent from September to October.

Most industries in manufacturing recorded a decrease in this period. The machinery and equipment industry (13 per cent), the grouping refined petroleum products, and chemical and pharmaceutical products (7.9 per cent), computer and electrical equipment (4.4 per cent), fabricated metal products (1.2 per cent), and finally basic metals (2.6 per cent) accounted for most of the declines in the turnover from September to October.

However, manufacturing turnover was not negative in all industries. Paper and paper products edged up 2.9 per cent, while food, beverage and tobacco went up 1.6 per cent in this period. Moreover, repair, installation of machinery edged up 2.2 per cent.

Food products had strong growth from October 2012

Calendar-adjusted figures showed an increase of 3.9 per cent in total manufacturing turnover in October 2013 compared to October 2012.

The largest increase was for food products, growing by 12.9 per cent, as a result of increases in both volume and price. The fish products industry was the major contributor to the growth. This was followed by solid figures within rubber, plastic and mineral products, which registered a 10.8 per cent increase.

Basic metals, on the other hand, fell by 8.1 per cent and non-ferrous metals decreased 4.7 per cent.

Norway and the euro area

Seasonally-adjusted figures show that Norwegian manufacturing turnover went down 0.5 per cent from August to September 2013. Manufacturing turnover in the euro area also went down 0.9 per cent in the same period, according to figures published by Eurostat.