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24484
Manufacturing production nearly unaltered
statistikk
2011-01-07T10:00:00.000Z
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, November 2010

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Manufacturing production nearly unaltered

Production in manufacturing increased by 0.2 per cent from September to November 2010 compared with the previous three-month period, according to seasonally-adjusted figures.

Manufacturing. Seasonally adjusted. Three-month moving average 2003-2010.

This was related to an increase of 1.5 per cent in machinery and equipment and 1.4 per cent in computer and electrical equipment, as well as fabricated metal products. Output in wood and wood products and basic metals decreased by 3.9 and 4.3 per cent respectively.

Increase from November 2009 to November 2010

Output in manufacturing went up by 3.6 per cent from November 2009 to November 2010, according to working-day adjusted figures. Basic chemicals increased by 12.1 per cent due to higher activity in the Norwegian solar industry. Production in wood and wood products also increased, while production in ships and oil platforms, computer and electrical equipment and fabricated metal products went down.

Up from October to November 2010

Output in Norwegian manufacturing increased by 0.9 per cent from October to November 2010. Food products went up by 1.6 per cent. There was also an increase in production in wood and wood products, machinery and equipment and repair and installation of machinery. Output in basic chemicals and computer and electrical equipment decreased.

Norway and the euro area

There was a 3.1 per cent increase in Norwegian manufacturing output from October 2009 to October 2010, according to working-day adjusted figures. Manufacturing production in the euro area increased by 7.8 per cent in the same period, according to figures published by Eurostat .

Monthly Index of production. November 2010. Changes in per cent
 
  Adjusted for working-days1 Seasonally adjusted
  November 2009-
November 2010		 January 2009-November 2009-
January 2010-November 2010		 October 2010-
November 2010		 June 2010-August 2010-
September 2010-November 2010
 
The overall index -4.7 -5.7 -2.8 2.8
         
Oil and Gas Extraction -8.7 -8.8 -5.0 3.6
Manufacturing 3.6 2.7 0.9 0.2
Electricity, Gas and Steam Supply -0.3 -5.8 2.2 10.6
         
Main industrial groupings        
Intermediate goods 3.3 5.2 0.3 3.6
Capital goods 1.3 -0.7 0.9 0.3
Consumer goods 8.5 2.1 3.2 1.6
Energy goods -9.1 -9.8 -5.1 1.5
 
1  Adjusted for working-days and for moving holidays.

Recalculated figures for September and October 2010.

Due to problems associated with the valuation of certain products within refined petroleum, chemicals and pharmaceuticals, Statistics Norway has recalculated figures for September and October 2010. Information received since the previous dissemination of the index has also been incorporated in the new figures. The new calculations show a weaker development for refined petroleum, chemicals and pharmaceuticals. There are only minor changes in other industries.

Interpretation of seasonally-adjusted figures

In 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 September to November with June to August).

 

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