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  • Slightly improved mood in manufacturing

    Norwegian industrial managers report a slight increase in production in the fourth quarter. The growth comes from low levels after sharp falls in the level of activity in the first half of 2020 as a result of the corona pandemic. The general outlo...

    Article
  • Wind power generation continues to rise

    The wind power generation came to 9.9 TWh in 2020; this is 79 per cent or 4.4 TWh higher compared with the previous record in 2019.

    Article
  • Price increase in PPI by year’s end

    The producer price index (PPI) increased by 1.6 percent in December. An increase in prices on several energy goods contributed to this increase. The price decrease in some manufacturing industries dampened the increase in PPI.

    Article
  • Growth in manufacturing output in November

    Norwegian manufacturing output saw an increase of 1.5 per cent from October to November 2020, according to seasonally adjusted figures. In the period September-November 2020, manufacturing output had a growth of 3 per cent compared with the previo...

    Article
  • Manufacturing turnover increases

    Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 1,8 per cent in the period September – November 2020 compared to the previous three-month period. On a monthly basis, from October to November 2020 th...

    Article
  • Lower income and higher expenses for the extraction industries

    It comes as no surprise that the production value of the Norwegian oil and gas industry falls after the high point in 2018. Lower oil and gas prices, combined with lower production volume, are joined by higher intermediate consumption as value add...

    Article
  • Higher prices on crude oil and natural gas

    The producer price index (PPI) increased by 4.5 per cent in November, mainly due to higher prices on crude oil and natural gas as well as refined petroleum products.

    Article
  • Moderate increase in manufacturing output in October

    Norwegian manufacturing output saw an increase of 0.6 per cent from September to October 2020, according to seasonally adjusted figures. In the period August-October 2020, manufacturing output had a solid growth of 4.2 per cent compared with the p...

    Article
  • Manufacturing turnover increases

    Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 1,7 per cent in the period August – October 2020 compared to the previous three-month period. On a monthly basis, from September to October 2020 the m...

    Article
  • Spillover-effects from the offshore petroleum to the mainland economy

    Reports 2020/45

    Publication
  • Decline in manufacturing for 2020

    The latest investment from companies within oil and gas, manufacturing, mining and quarrying and electricity supply show a clear decline in 2020. Lower investment in manufacturing is the main reason for the overall decline. Updated investment esti...

    Article
  • Upward adjusted estimates for oil investments in 2021

    Total investments in oil and gas activity in 2021, including pipeline transportation, are estimated at NOK 166.3 billion. This is 12 per cent higher than estimated in the previous quarter, however the estimate still indicates a significant decline...

    Article
  • Still very low electricity price

    The average price of electricity for households, excluding taxes and grid rent, was 14.4 øre per kWh in the third quarter of 2020. This is about the same level as last quarter and 66 per cent lower compared to the third quarter of 2019.

    Article
  • Natural gas pulls PPI up

    The producer price index (PPI) increased by 4.1 per cent in October. The increase in price of natural gas was the most important contributor, while several industrial industries and electricity also increased.

    Article
  • Manufacturing turnover increased in the third quarter

    Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 2.1 per cent from the second to the third quarter of 2020. On a monthly basis, from August to September 2020, however, the manufacturing turnover decr...

    Article