Norway's manufacturing production grew by 1.4 percent month-over-month in July, accelerating from a marginally revised 0.2 percent rise a month earlier and pointing to the steepest pace since January. The industry grouping refined petroleum, chemicals, and pharmaceuticals contributed the most to output growth with a marked rise of 15.1 percent, amid normalization of production following maintenance shutdowns at large businesses. Also, growth was seen within the industry grouping building ships, boats, and oil platforms. By contrast, the output of non-ferrous metals fell 4.4 percent. On a yearly basis, manufacturing production rose 1.2 percent in July, reversing from a marginally revised 2.2 percent fall in June. source: Statistics Norway

Manufacturing Production MoM in Norway averaged 0.09 percent from 1990 until 2022, reaching an all time high of 7.40 percent in June of 1996 and a record low of -5.30 percent in May of 1996. This page includes a chart with historical data for Norway Manufacturing Production MoM. Norway Manufacturing Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

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Norway Manufacturing Production MoM



Related Last Previous Unit Reference
Business Confidence 3.20 8.20 points Jun 2022
Industrial Production Mom 1.50 -1.40 percent Jul 2022
Industrial Production 1.80 2.30 percent Jul 2022
Manufacturing Production 1.20 -2.30 percent Jul 2022
Capacity Utilization 80.90 81.50 percent Jun 2022
New Orders 146.10 97.80 points Dec 2017
Changes in Inventories 44481.00 33536.00 NOK Million Jun 2022
Bankruptcies 209.00 354.00 Companies and Individuals Jul 2022
Car Registrations 12419.00 11232.00 Aug 2022
Manufacturing Production MoM 1.40 0.20 percent Jul 2022
Leading Economic Index 0.30 -0.10 percent Jun 2022
Mining Production 1.70 25.30 percent Mar 2022

Norway Manufacturing Production MoM
In Norway, manufacturing accounts for 27 percent of total production, mainly: food, beverages and tobacco (5 percent); refined petroleum, chemicals and pharmaceutical products (4 percent); machinery and equipment (3 percent); fabricated metal products (2 percent); ships, boats and oil platforms (2 percent); computer and electrical equipment (2 percent); repair, installation of machinery (2 percent); rubber, plastic and mineral products (2 percent); and basic metals (2 percent).
Actual Previous Highest Lowest Dates Unit Frequency
1.40 0.20 7.40 -5.30 1990 - 2022 percent Monthly
SA

News Stream
Norway Manufacturing Output Growth Picks Up
Norway's manufacturing production grew by 1.4 percent month-over-month in July, accelerating from a marginally revised 0.2 percent rise a month earlier and pointing to the steepest pace since January. The industry grouping refined petroleum, chemicals, and pharmaceuticals contributed the most to output growth with a marked rise of 15.1 percent, amid normalization of production following maintenance shutdowns at large businesses. Also, growth was seen within the industry grouping building ships, boats, and oil platforms. By contrast, the output of non-ferrous metals fell 4.4 percent. On a yearly basis, manufacturing production rose 1.2 percent in July, reversing from a marginally revised 2.2 percent fall in June.
2022-09-07
Norway Manufacturing Output Up 0.3% MoM in June
Norway's manufacturing production grew by 0.3 percent month-over-month in June, reversing from a 2.2 percent fall a month earlier. The industry grouping refined petroleum, chemicals, and pharmaceuticals contributed the most to overall output growth with an increase of 3.3 percent, said Higher Executive Officer Lars Jacob Balchen Dale. On the other hand, manufacturing output in repair and installation of machinery fell by 2.4 percent. On a yearly basis, industrial production shrank 2.3 percent in June, after a 2.0 percent decline in May. Considering the three months to June 2022, manufacturing production dropped 0.5 percent, mainly due to lower output within basic chemicals.
2022-08-08
Norway Manufacturing Output Drops in May
Norway's industrial production declined by 2.2 percent year-on-year in May, reversing from an upwardly revised 1.3 percent rise a month earlier and pointing to fourth drop since the start of the year. The industry grouping refined petroleum, chemicals and pharmaceuticals contributed the most to the fall with a decrease of 9.1 percent. The decline can be seen in connection with maintenance shutdowns in several large companies in this industry grouping in May, says Higher Executive Officer Lars Jacob Balchen Dale. Also, there was a fall in output of 3.9 percent within the industry grouping repair and installation of machinery. In contrast, food products had an increase of 1.7 percent. On a yearly basis, the industrial production shrank 2.0 percent, shifting from a 2.4 percent gain in April.
2022-07-07