Norway's industrial production growth eased sharply to 0.9% year-on-year in September of 2022, following a 4.7% rise in the previous month. It is the lowest reading since March 2021, as production of electricity, gas & steam decreased (-22.8% vs 1.2% in August), and the output for extraction & related services went down (-3.2% vs 3.3%). By contrast, production of manufacturing, mining & quarrying increased (0.1%). On a monthly basis, industrial production fell by 2.4%, the biggest decline in ten months, following a 3.1% gain in August. source: Statistics Norway
Industrial Production in Norway averaged 0.51 percent from 1991 until 2022, reaching an all time high of 15.40 percent in June of 1994 and a record low of -13.10 percent in August of 2010. This page provides - Norway Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.
Industrial Production in Norway is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Industrial Production is projected to trend around -2.20 percent in 2023 and 1.80 percent in 2024, according to our econometric models.