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Energy and manufacturing
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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.
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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.
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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...
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Small decline in manufacturing output in September
Norwegian manufacturing output saw a marginal decrease of 0.5 per cent from August to September 2020, according to seasonally adjusted figures. On a quarterly basis, the manufacturing output had a growth of 3 per cent from the second to the third ...
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Effects of reducing Norwegian extraction of oil and natural gas
Reports 2020/38
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This is Norway 2020
This is Norway presents statistics from a variety of areas and seeks to give an overview of Norwegian society and its developments in recent years.
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Still weak figures in manufacturing
Norwegian industrial managers report a further downturn in the total production volume in the third quarter of the year. There is low numbers of new orders and major uncertainty related to the coronary pandemic. The general outlook for the four qu...
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Continued increase in PPI
The producer price index (PPI) continued August’s increase in September, after having dropped continuously through 2020. The total index rose by 2.8 percent this month, with increased price on natural gas as the main driver.
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Unchanged manufacturing turnover in August
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing decreased by 0.3 per cent in the period June-August 2020, compared to the previous three-month period. On a monthly basis, from July to August 2020, however, the m...
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Strong growth in manufacturing output in August
Norwegian manufacturing output saw a solid increase of 3 per cent from July to August 2020, according to seasonally adjusted figures. Much of this output growth can be ascribed to a strong development in fabricated metal products and machinery and...
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First price increase in PPI since December
Increasing prices within energy goods lead to a 1.2 per cent rise in the overall PPI from July to August 2020. Natural gas had the stongest influence, but higher prices on refined petroleum products and electricity were also important contributors.
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Manufacturing turnover decreases in July
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing decreased by 3.8 per cent in the period May-July 2020, compared to the previous three-month period. On a monthly basis, from June to July 2020, the manufacturing t...
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Food products contributed to output growth in manufacturing in July
Norwegian manufacturing output saw a solid increase of 1.8 per cent from June to July 2020, according to seasonally adjusted figures. Much of this output growth can be ascribed to a strong development in food and beverages. In the period May-July ...
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Marginal growth in oil investments for 2020
Total investments in oil and gas activity in 2020, including pipeline transportation, are estimated at NOK 184.6 billion. This is 2.4 per cent higher than the estimate given in the previous survey. Compared with the corresponding figure for 2019, ...
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Sharp decline in manufacturing investments for 2020
The companies’ latest investment estimates for 2020 are expected to decrease within oil and gas, manufacturing, mining and quarrying and electricity supply. Lower investment in manufacturing is the main reason for the overall decline. Updated inve...
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