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243895
Still decline in manufacturing turnover
statistikk
2017-01-06T08:00:00.000Z
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
Index of industrial turnover monitors sales in oil and gas, manufacturing, mining & electricity. Turnover in manufacturing decreased by 2.0 per cent from September to November 2016 compared to the previous three-month period.

Turnover in oil and gas, manufacturing, mining and electricity supply, November 2016

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Still decline in manufacturing turnover

Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing decreased by 2.0 per cent from September to November compared to the previous three-month period. However, a slight increase of 0.7 per cent was recorded from October to November.

Turnover. Percentage change and NOK millionPublished 6 January 2017
Seasonally adjustedCalendar adjusted1Unadjusted
Monthly changeThree-month changeTwelve-month changeNOK million
November 2016 / October 2016September 2016 - November 2016 / June 2016 - August 2016November 2016 / November 2015November 2016
1Adjusted for working-days and for public holidays in Norway.
Extraction, mining, manufacturing and elec4.7-1.3-0.7129 269
Extraction and related services10.30.4-4.845 799
Mining and quarrying-0.8-14.0-15.8913
Manufacturing0.7-2.0-4.067 075
Food, beverages and tobacco0.81.76.322 160
Refined petro., chemicals, pharmac.3.2-15.9-24.67 485
Basic metals5.10.23.85 066
Machinery and equipment-6.2-4.9-38.63 935
Ships, boats and oil platforms4.43.84.24 677
Electricity, gas and steam7.6-1.938.715 481

Source: Statistics Norway

The index value for turnover in manufacturing was 134.5 (2005=100) in the period September to November 2016, compared to 137.2 in the previous three-month period, according to seasonally-adjusted figures.

Three-month change: fall in refined petroleum, chemical and pharmaceutical industries

Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing decreased 2.0 per cent from September to November compared with the previous three-month period.

The grouping refined petroleum, chemical and pharmaceutical industries edged down 16 per cent, mainly due to planned maintenance shutdowns among a few leading suppliers in September 2016. With a share of 11 per cent of total manufacturing turnover, this grouping was the biggest contributor pulling down total manufacturing turnover.

On the other hand, food products and building of ships, boats, and oil platforms rose 1.3 and 3.8 per cent respectively. In addition to these industries, a slight growth in non-ferrous metals also helped to curb the reduction in total turnover.

Monthly change: slight growth in manufacturing turnover from October to November

Total Norwegian manufacturing turnover went up 0.7 per cent from October to November 2016, according to seasonally-adjusted figures. Most of the industries contributed to the positive development.

However, the grouping refined petroleum, chemical and pharmaceutical industries and repair, installation and machinery edged down 6.2 and 2.0 per cent respectively.

Monthly change: decline in Norway, slight growth in the euro area in October 2016

Manufacturing turnover in Norway went down 2.3 per cent from September to October 2016 according to seasonally-adjusted figures, while manufacturing turnover in the euro area went up 0.6 per cent.

In the Nordic countries, Sweden showed an increase of 2.1 per cent, while Denmark faced a 0.9 per cent decline, according to Eurostat.

New indicators for petroleum-related supplier industriesOpen and readClose

New indicators for petroleum-related supplier industries are established in StatBank. These indicators are based on the analytical grouping which was presented in the article Strong growth for petroleum-related manufacturing and support activities from 2010 to 2013 (only in Norwegian).

The three groupings that will be published monthly are:

• Petroleum-related manufacturing and support activities

• Petroleum-related manufacturing (only supplier industries covered by section C)

• Manufacturing excluded petroleum-related industries