24013_not-searchable
/en/energi-og-industri/statistikker/pii/arkiv
24013
Decline in intermediate goods output
statistikk
2003-12-05T10:00:00.000Z
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, October 2003

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Decline in intermediate goods output

The seasonally adjusted figures for the last 3 months show a decline in the intermediate goods output compared with the previous 3 months. This has partially contributed to a drop in the manufacturing output.

The intermediate goods output has decreased by 2.0 per cent during the last 3 months compared with the previous 3 months. The basic metal output has decreased by 0.2 per cent and the basic chemicals output has decreased by 1.4 per cent. The non-metallic mineral products and the wood and wood products also experienced the same by 3.5 per cent and 2.9 per cent respectively. Meanwhile the output in pulp, paper and paper products has increased by 2.3 per cent.

Capital goods output

The capital goods output has decreased by 1.5 per cent the last 3 months compared with the previous 3 months. This is mostly related to the drop in the transport equipment output and the drop in the oil platforms and modules output. The machinery and equipment output and the fabricated metal products output also have experienced a decline.

Consumer goods output

The consumer goods output in total has increased by 0.8 per cent. This is caused by the 0.9 per cent increase in the consumer non-durable goods output. Among the consumer non-durable, the publishing, printing and reproduction output has experienced a 2.4 per cent increase.

New figures for the third quarter 2003

The basic metal output is about 4 per cent lower than what was published earlier. This is a result of the new calculation for the third quarter 2003 based on the new information on that sector.

Monthly index of production. October 2003. Changes in per cent
  Adjusted to the length of month1 Seasonally adjusted
  October 2002-
October 2003 		January-October 2002 -
January-October 2003 		September-October 2003 Last three months
The overall index -3.6 -3.8 0.7 1.0
         
Oil and Gas Extraction -2.7 -2.0 1.1 2.2
Manufacturing -4.1 -4.5 -0.4 -1.0
Electricity, Gas and Steam Supply -12.4 -17.9 5.5 8.1
         
Main industrial groupings        
Intermediate goods -3.1 -3.9 1.0 -2.0
Capital goods -8.4 -6.1 -2.4 -1.5
Consumer goods -2.4 -4.4 -1.2 0.8
Energy goods -3.2 -3.2 1.6 1.9
1  Recalculated to standard month and adjusted for different number of working days per week.