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This is an archived release.
Growth in industrial production
Production in manufacturing increased by 2.0 per cent from June to August compared with the previous three-month period, according to seasonally-adjusted figures.
This development is partly due to a strong growth in June 2010. Output in wood and wood products as well as basic chemicals increased significantly during the last three-month period. The upturn in wood and wood products is due to increased building activity in Norway (see statistics on construction, new orders ), while the development in basic chemicals is influenced by increasing demand and further growth within the Norwegian solar industry. Output in ships and oil platforms went up, while fabricated metal products as well as transport equipment saw a slight decrease in production. There was also a minor decrease in food products.
Interpretation seasonal adjusted figuresIn order to facilitate the interpretation of the short-term development, the index of production publishes three-month moving averages of the seasonally-adjusted figures. We normally compare the latest non-overlapping three-month periods (for instance June to August compared with March to May). |
From August 2009 to August 2010
Output in manufacturing went up by 2.6 per cent from August 2009 to August 2010, according to working-day adjusted figures. This development is due to a significant increase in basic chemicals, wood and wood products as well as basic metals. There has been a slight decrease in ships, boats and oil platforms, machinery and equipment and fabricated metal products. This development is connected to a decrease in unfilled orders since the second quarter of 2009 (see statistics on new orders ).
From July to August 2010
Output in Norwegian manufacturing went down by 2.0 per cent from July to August 2010, according to seasonally-adjusted figures. Basic chemicals, wood and wood products as well as basic metals were the main contributors to this development. Monthly changes must be interpreted with caution. This is particularly important for basic chemicals due to the lack of a consistent seasonal pattern in this industry. Computer and electrical equipment as well as repair and installation of machinery also saw a decrease in production.
Norway and the euro area
There was a 6.6 per cent increase in Norwegian manufacturing output from July 2009 to July 2010, according to working-day adjusted figures. Industrial production in the euro area increased by 7.8 per cent in the same period, according to figures published by Eurostat .
| Adjusted for working-days1 | Seasonally adjusted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| August 2009- August 2010 |
January 2009-August 2009- January 2010-August 2010 |
July 2010- August 2010 |
March 2010-May 2010- June 2010-August 2010 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The overall index | -13.0 | -5.5 | -4.7 | -6.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Oil and Gas Extraction | -18.9 | -8.4 | -6.2 | -9.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Manufacturing | 2.6 | 2.5 | -2.0 | 2.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Electricity, Gas and Steam Supply | -15.9 | -5.1 | -4.7 | -3.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Main industrial groupings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intermediate goods | 0.9 | 4.9 | -2.4 | -1.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital goods | -2.5 | -1.3 | -0.8 | 1.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Consumer goods | 2.7 | 0.8 | -1.7 | 3.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Energy goods | -20.1 | -9.5 | -5.8 | -8.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 1 | Adjusted for working-days and for public holidays in Norway. |
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Production and turnover
E-mail: prodoms@ssb.no