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This is an archived release.
Further decrease in manufacturing output
Seasonally adjusted figures show that the output in Norwegian manufacturing went down by 3.1 per cent in the period December 2008 to February 2009, compared to September to November 2008. This was due to the downturn in demand following the financial crisis.
By now, basic metals and paper and paper products, together with basic chemicals, have been most affected by the crisis. The output in basic metals went down by 12.2 per cent from December 2008 to February 2009, compared with the previous three months. Wood and wood products also saw a significant drop in output due to the overall fall in building activity in Norway late last year and into this year.
Capital goods output
Seasonally adjusted figures show that machinery and equipment, together with building of ship, boats and oil platforms, had a 1.2 and 0.6 per cent growth in the output in the period December 2008 to February 2009, compared with the previous three months. The production of capital goods was almost unchanged in this period, thus limiting the drop in manufacturing output into 2009.
The output in food products saw only minor changes, and went down by 1.9 per cent from December 2008 to February 2009, compared with the previous three months. Furniture had a more substantial drop in the production in this last period.
From February 2008 to February 2009
According to working-day adjusted figures, the production in Norwegian manufacturing dropped by 5.1 per cent from February 2008 to February 2009. In the same period the production in basic metal and wood and wood products industries decreased by 23.0 and 28.6 per cent, while the output in building of ships and oil platforms and machinery and equipment increased by 11.7 and 10.7 per cent, respectively.
From January to February 2009
The output in manufacturing dropped by 0.1 per from January to February 2009, according to seasonally adjusted figures. Then the production in basic chemicals was down 1.4 per cent, while the output in building of ships and oil platforms saw a 1.5 per cent growth.
Norway and the euro area
There was a 4.1 per cent decrease in Norwegian manufacturing output from January 2008 to January 2009, according to working-day adjusted figures. Industrial production in the euro area dropped by 18.9 per cent in the same period, according to figures published by Eurostat .
| Adjusted for working-days 1 | Seasonally adjusted | ||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| February 2008-February 2009 | December 2007-February 2008- December 2008-February 2009 | January 2009-February 2009 | September 2008-November 2008- December 2008-February 2009 | ||||||||||||||||||||||||||||||||||||
| The overall index | 2.5 | 1.8 | 2.2 | 0.8 | |||||||||||||||||||||||||||||||||||
| Oil and Gas Extraction | 6.6 | 4.3 | 3.5 | 3.4 | |||||||||||||||||||||||||||||||||||
| Manufacturing | -5.1 | -3.9 | -0.1 | -3.1 | |||||||||||||||||||||||||||||||||||
| Electricity, Gas and Steam Supply | -3.5 | 3.2 | -2.9 | -2.1 | |||||||||||||||||||||||||||||||||||
| Main industrial groupings | |||||||||||||||||||||||||||||||||||||||
| Intermediate goods | 11.0 | 3.6 | 9.2 | 3.7 | |||||||||||||||||||||||||||||||||||
| Capital goods | 7.2 | 7.4 | 0.7 | 0.1 | |||||||||||||||||||||||||||||||||||
| Consumer goods | -8.8 | -6.6 | -1.4 | -4.0 | |||||||||||||||||||||||||||||||||||
| Energy goods | 2.4 | 2.0 | 1.7 | 1.6 | |||||||||||||||||||||||||||||||||||
| 1 | Adjusted for working-days and for public holidays in Norway. |
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Production and turnover
E-mail: prodoms@ssb.no