Index of industrial production, August 2011

Industries like food products, wood and wood products, basic chemicals together with basic metals had a downturn in production. The decrease in basic chemicals can partly be explained by a decline in the solar cell industry. On the other hand, paper and paper products, machinery and equipment, and transport equipment n.e.c had an increase in production compared with the previous three-month period.

From August 2010 to August 2011

Production in manufacturing went up by 1.9 per cent from August 2010 to August 2011, according to working-day adjusted figures. Industries such as computer and electrical equipment, machinery and equipment as well as transport equipment saw an increase in the production in this period. Basic metals and wood and wood products on the other hand had a decrease in production. In addition, basic chemicals also saw a decline in production.

From July 2011 to August 2011

The output in manufacturing went up by 3.3 per cent from July to August 2011, according to seasonally-adjusted figures. Machinery and equipment, ships, boats and oil platforms together with repair and installation of machinery had a growth in production from July to August 2011. Due to the increase in new orders, the industries related to machinery and equipment and ships, boats and oil platforms were able to increase their level of activity (see statistics on new orders 2nd quarter 2011 ).In addition there was also an increase in the industry for food products. In the same period, wood and wood products and basic chemicals had a decrease in production.

Norway and the euro area

There was a 5.0 per cent decrease in Norwegian manufacturing output from July 2010 to July 2011, according to working-day adjusted figures. Industrial production in the euro area increased by 5.1 per cent in the same period, according to figures published by Eurostat .