Fall in manufacturing turnover

Published:

Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing decreased by 1.3 per cent from May to July 2017 compared to the previous three-month period. However, a 0.9 per cent increase was recorded from June to July 2017.

The index value for turnover in manufacturing was 137.2 (2005=100) in the period May to July 2017, compared to 139.0 in the previous three-month period, according to seasonally-adjusted figures.

Figure 1. Index of turnover for manufacturing. Seasonally adjusted. Three-month moving average¹. 2005=100

Index of turnover for manufacturing
Jan. 2007 134.7
Feb. 2007 134.9
Mar. 2007 138.1
Apr. 2007 140.1
May 2007 143.4
June 2007 143.3
July 2007 140.8
Aug. 2007 140.7
Sep. 2007 139.1
Okt. 2007 141.3
Nov. 2007 141.7
Dec. 2007 142.9
Jan. 2008 144.5
Feb. 2008 145.8
Mar. 2008 145.6
Apr. 2008 146.2
May 2008 146.8
June 2008 149.4
July 2008 151.3
Aug. 2008 151.5
Sep. 2008 152.4
Okt. 2008 150.3
Nov. 2008 148.2
Dec. 2008 144
Jan. 2009 142.5
Feb. 2009 141.3
Mar. 2009 142
Apr. 2009 139.5
May 2009 137.2
June 2009 133.5
July 2009 132.8
Aug. 2009 134
Sep. 2009 135.9
Okt. 2009 137
Nov. 2009 137.1
Dec. 2009 137.4
Jan. 2010 137.1
Feb. 2010 136
Mar. 2010 135.1
Apr. 2010 135.5
May 2010 136.3
June 2010 137.5
July 2010 138.2
Aug. 2010 136.8
Sep. 2010 134.5
Okt. 2010 134.7
Nov. 2010 137.3
Dec. 2010 138.3
Jan. 2011 137.4
Feb. 2011 136.6
Mar. 2011 135.4
Apr. 2011 136.7
May 2011 136.4
June 2011 137.9
July 2011 136.7
Aug. 2011 136.2
Sep. 2011 136.1
Okt. 2011 137.1
Nov. 2011 139.1
Dec. 2011 141.6
Jan. 2012 143.4
Feb. 2012 144
Mar. 2012 143.8
Apr. 2012 142.7
May 2012 143.2
June 2012 142.8
July 2012 143.8
Aug. 2012 143.6
Sep. 2012 144.9
Okt. 2012 145
Nov. 2012 145.8
Dec. 2012 145.4
Jan. 2013 146.6
Feb. 2013 145.5
Mar. 2013 146.7
Apr. 2013 146
May 2013 146.2
June 2013 147.5
July 2013 150.9
Aug. 2013 153.6
Sep. 2013 153.9
Okt. 2013 152.1
Nov. 2013 151.7
Dec. 2013 151.2
Jan. 2014 150.2
Feb. 2014 151
Mar. 2014 149.9
Apr. 2014 151.5
May 2014 150.4
June 2014 149.6
July 2014 148.6
Aug. 2014 151
Sep. 2014 151.3
Okt. 2014 151.8
Nov. 2014 150.8
Dec. 2014 152.3
Jan. 2015 150.2
Feb. 2015 149.8
Mar. 2015 150.6
Apr. 2015 152.8
May 2015 152.1
June 2015 150.6
July 2015 149
Aug. 2015 148.4
Sep. 2015 147.7
Okt. 2015 147.8
Nov. 2015 145.1
Dec. 2015 144.2
Jan. 2016 141.8
Feb. 2016 140
Mar. 2016 138.2
Apr. 2016 137.4
May 2016 139.4
June 2016 139.5
July 2016 139.1
Aug. 2016 137
Sep. 2016 136.2
Okt. 2016 135.3
Nov. 2016 135
Dec. 2016 134.4
Jan. 2017 136.2
Feb. 2017 137.6
Mar. 2017 138.9
Apr. 2017 139
May 2017 138.1
June 2017 137.6
July 2017 137.2

Three-month change: lower turnover for fish processing   

Seasonally-adjusted figures showed that the turnover in Norwegian manufacturing decreased 1.3 per cent from May to July 2017 compared with the previous three-month period. The biggest contributor to the decline was the grouping refined petroleum, chemical and pharmaceutical products industries. Food products also showed a notable decline in this period, mainly due to a turnover reduction in the fish processing sector. Moreover, the following industries contributed most to the decline:

  • Machinery and equipment
  • Fabricated metal products
  • Repair, installation of machinery

Figure 2. Selected industries. Seasonally adjusted. Three-month moving average¹

Food, beverages and tobacco Refined petro. chemicals, pharmac. Basic metals Ships, boats and oil platforms Machinery and equipment
Jan. 2011 144.3 152.4 121.6 126.9 187.1
Feb. 2011 145.1 151.4 124.0 120.9 171.2
Mar. 2011 145.6 148.6 120.9 113.3 173.7
Apr. 2011 147.2 149.7 120.3 124.2 165.5
May 2011 146.2 151.4 120.8 120.7 174.5
June 2011 148.0 146.0 118.5 121.0 170.7
July 2011 146.0 144.9 120.0 105.9 174.1
Aug. 2011 148.2 139.9 118.6 103.0 166.3
Sep. 2011 149.4 144.0 120.3 103.5 173.4
Okt. 2011 150.8 146.7 117.6 106.4 177.2
Nov. 2011 151.9 151.1 113.8 118.9 180.2
Dec. 2011 151.1 152.3 109.9 128.4 195.0
Jan. 2012 153.4 152.3 108.9 141.0 197.5
Feb. 2012 154.6 152.6 108.4 142.7 202.5
Mar. 2012 159.9 155.6 110.1 135.0 197.0
Apr. 2012 158.7 155.8 108.8 129.1 202.0
May 2012 158.9 154.1 106.8 137.0 212.5
June 2012 155.2 147.4 104.9 145.5 210.8
July 2012 156.0 146.8 103.9 154.5 210.7
Aug. 2012 155.5 153.1 104.4 140.5 206.5
Sep. 2012 155.3 158.3 99.6 147.3 215.0
Okt. 2012 153.6 156.9 98.1 142.9 227.5
Nov. 2012 154.2 151.1 97.6 153.3 229.4
Dec. 2012 158.1 151.9 100.0 142.9 229.6
Jan. 2013 160.8 154.9 98.7 147.3 236.2
Feb. 2013 160.7 156.8 96.8 134.3 238.7
Mar. 2013 160.1 156.4 96.4 136.3 235.3
Apr. 2013 162.0 153.6 95.6 126.5 233.6
May 2013 165.8 149.4 95.2 134.8 240.2
June 2013 166.4 146.2 92.5 139.8 261.5
July 2013 169.3 147.2 92.3 160.7 271.0
Aug. 2013 170.0 151.1 91.6 161.3 274.6
Sep. 2013 170.5 158.5 92.8 157.3 275.3
Okt. 2013 169.9 157.0 92.6 142.0 264.8
Nov. 2013 168.3 155.9 93.2 142.7 279.0
Dec. 2013 170.2 150.6 94.2 147.1 277.0
Jan.2014 168.1 152.7 96.1 143.8 273.4
Feb. 2014 168.3 152.5 96.5 156.6 264.1
Mar. 2014 165.8 148.9 95.3 161.0 256.9
Apr. 2014 170.3 146.7 94.8 166.0 265.3
May 2014 171.5 144.6 93.9 156.1 261.1
June 2014 172.8 142.2 96.1 151.6 268.0
July 2014 170.8 139.5 97.5 144.7 274.9
Aug. 2014 172.2 136.8 101.5 151.9 307.1
Sep. 2014 173.1 135.2 101.6 150.5 307.1
Okt. 2014 173.4 133.1 104.7 162.3 305.4
Nov. 2014 174.3 134.9 105.1 158.7 290.7
Dec. 2014 175.5 133.6 110.0 156.7 296.8
Jan. 2015 177.4 128.9 110.7 140.1 304.2
Feb. 2015 176.8 123.2 113.5 142.7 305.5
Mar. 2015 176.5 127.1 112.8 139.8 316.2
Apr. 2015 177.5 129.8 113.9 154.5 305.9
May 2015 178.5 131.2 112.7 149.5 301.1
June 2015 179.3 131.7 112.2 145.6 281.5
July 2015 179.1 131.8 110.8 138.1 272.6
Aug. 2015 180.4 129.6 110.1 134.0 261.7
Sep. 2015 180.2 132.6 109.1 133.1 255.2
Okt. 2015 181.7 135.2 104.6 122.6 255.6
Nov. 2015 183.1 137.0 103.0 110.6 242.2
Dec. 2015 185.5 131.5 100.7 113.8 236.8
Jan. 2016 186.6 125.3 101.4 120.9 222.8
Feb. 2016 190.1 116.7 101.0 119.4 211.1
Mar. 2016 192.2 111.4 101.2 110.3 202.3
Apr. 2016 193.4 109.0 101.5 103.8 194.8
May 2016 192.7 113.9 100.7 114.3 189.3
June 2016 194.3 114.5 101.7 118.7 170.9
July 2016 194.1 113.8 104.1 115.0 166.4
Aug. 2016 194.0 112.9 104.8 103.1 161.5
Sep. 2016 194.2 106.6 105.7 99.7 169.0
Okt. 2016 195.5 102.1 103.5 101.8 161.4
Nov. 2016 196.3 96.1 105.2 106.3 147.7
Dec. 2016 195.9 100.8 105.5 101.9 131.6
Jan. 2017 196.5 120.1 108.6 98.3 127.1
Feb. 2017 196.6 133.4 111.8 90.0 130.6
Mar. 2017 196.9 141.0 115.8 94.5 126.2
Apr. 2017 194.9 135.0 117.9 93.9 125.5
May 2017 190.2 133.3 121.5 91.5 121.3
June 2017 186.9 129.7 122.6 87.0 127.4
July 2017 188.0 125.3 123.8 93.6 115.9

Monthly change: growth for building of ships, boats and oil platforms  

Total Norwegian manufacturing turnover showed a slight increase of 0.9 per cent from June to July 2017, according to seasonally-adjusted figures.  

The biggest contribution to the growth in the total turnover was from the producers of boats, ships and oil platforms, mainly due to several large deliveries in this period. Food products as well as rubber, plastic and mineral products edged up in this period.

Monthly change: slight increase in Norway and fall in the euro area in June

Total turnover for Norwegian manufacturing went up 0.3 per cent from May to June 2017, according to seasonally-adjusted figures. Manufacturing in the euro area showed a decrease of 1.2 per cent. The Nordic countries, Denmark edged down 1.4 per cent and Sweden remained almost unchanged, according to Eurostat.

Contact