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24175
Slight decrease in manufacturing
statistikk
2002-04-08T10:00:00.000Z
Energy and manufacturing;National accounts and business cycles;Energy and manufacturing
en
pii, Index of industrial production, industrial production, volume indicator, intermediate goods, capital goods, consumer goods, energy goodsEnergy , Oil and gas , Business cycles , Manufacturing, mining and quarrying , National accounts and business cycles, Energy and manufacturing
false

Index of industrial production, February 2002

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Slight decrease in manufacturing

According to seasonally adjusted figures the manufacturing output has decreased by 0.4 per cent from January to February this year. During the last 12 months the manufacturing output has decreased by 1.1 per cent, according to weekly-adjusted figures.

Food products have seen a decline related to changes within the production of fodder. The inter- mediate goods output has increased related to an increase in the basic chemical output. Wood and wood products and rubber and plastics products have also increased in the production output. There are only minor changes within the engineering industries.

The last twelve months

The production output from food products has had a decline since February last year. This is related to the output in fish and fish products. The intermediate goods output is still somewhat weaker than the capital goods output. Oil platforms and modules have had a good performance during the last year. Pulp, paper and paper products have had a bad performance.

Oil and gas extraction

According to seasonally adjusted figures the Norwegian oil and gas extraction has increased by more than 3 per cent in February after a decline in January. This is mostly related to an increase in the exploring activity. The Norwegian gas extraction was bigger in February this year than in the corresponding month last year.

Monthly Index of production. February 2002. Changes in per cent
  Adjusted to the length of month1 Seasonally adjusted
  Feb. 2001-Feb. 2002 Jan. 2001-Feb. 2001 -
Jan. 2002-Feb. 2002 		Jan. 2002-Feb. 2002 Last three months
The overall index 3,8 1,8 1,1 1,6
         
Oil and Gas Extraction 12,0 5,5 3,2 0,2
Manufacturing -1,1 -0,4 -0,4 -1,1
Electricity, Gas and Steam Supply -7,7 -2,9 -11,6 12,3
         
Main industrial groupings        
Intermediate goods -2,9 -3,6 1,0 -1,5
Capital goods 1,6 1,9 -0,6 -0,8
Consumer goods -1,9 0,8 -4,5 1,3
Energy goods 8,6 3,5 2,6 1,6
1  Recalculated to standard month and adjusted for different number of working days per week.