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Weekly Bulletin issue no. 9, 1997

Order statistics. Manufacturing, 4th quarter, 1996:

Industrial demand up


New orders for offshore platforms in Norway surged in fourth quarter 1996 in the wake of a similar jump in the third quarter. A high level of activity in parts of the continental shelf and a number of major orders are the main factors behind the change. Other industries are also experiencing increased demand.
The inflow of orders for order-based industries is broadly based. Most of the growth is in the domestic market, while the performance of export markets continues to be weak. This is because the strength of the upswing in the European markets is still lackluster due to Germany's sluggish economy. The appreciation of the Norwegian krone throughout the final quarter of last year may also have weakened the competitiveness of export industries, particularly in the European market.

New Statistics

Order statistics. Manufacturing, 4th quarter 1996.
Statistics are published every quarter in the Weekly Bulletin of Statistics. More information: Joaquin Rodrigues, tel. +47 21 09 47 39, e-mail: jor@ssb.no or Tom Langer Andersen, tel. +47 21 09 47 29, e-mail: tla@ssb.no.

Weekly Bulletin issue no. 9, 1997