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54411
Increase in production
statistikk
2011-07-07T10:00:00.000Z
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 productionMay 2011

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Increase in production

Production in manufacturing increased by 0.7 per cent from March to May 2011 compared with the previous three-month period, according to seasonally-adjusted figures.

Manufacturing. Seasonally adjusted. Three-month moving average 2000 - 2011

The output in food, beverages and tobacco increased in the last period (see Business tendency survey ). Wood and wood products, refined petroleum, chemicals and pharmaceutical products and computer and electrical equipment also increased. On the other hand, the output in paper and paper products and in repair, installation of machinery decreased from March to May 2011 compared with the previous three-month period.

From May 2010 to May 2011

Production in manufacturing increased by 5.6 per cent from May 2010 to May 2011, according to working-day adjusted figures. Output in refined petroleum, chemicals and pharmaceutical products, machinery and equipment, and ships, boats and oil platforms went up. Paper and paper products had a drop in production.

From April to May 2011

The output in manufacturing went up 2.4 per cent from April to May 2011, according to seasonally-adjusted figures. Production increased in machinery and equipment, ships, boats and oil platforms,

and food, beverages and tobacco.

Norway and the euro area

There was a 0.7 per cent increase in Norwegian manufacturing output from April 2010 to April 2011, according to working-day adjusted figures. Industrial production in the euro area increased by 6.5 per cent in the same period, according to figures published by Eurostat .

Monthly Index of production. May 2011 Changes in percent
 
  Adjusted for working-days1 Seasonally adjusted
  May 2010-
May 2011
January 2010-
May 2010-
January 2011-
May 2011
April 2011-
May 2011
December 2010-
February 2011-
March 2011-
May 2011
 
The overall index -12.4 -8.0 -2.7 -5.0
         
Oil and Gas Extraction -22.2 -12.4 -6.9 -8.1
Manufacturing 5.6 2.9 2.4 0.7
Electricity, Gas and Steam Supply 15.0 -10.1 7.5 -2.7
         
Main industrial groupings        
Intermediate goods 3.9 4.9 -1.7 -0.5
Capital goods 5.2 1.6 4.5 -0.8
Consumer goods 8.9 2.1 1.4 2.4
Energy goods -19.6 -12.9 -7.3 -8.1
 
1  Adjusted for working-days and for public holidays in Norway.

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 March to May 2011 compared with December 2010 to February 2011. Seasonally-adjusted monthly changes must be interpreted with caution.

 

Tables

Published tables