Turnover in oil and gas, manufacturing, mining and electricity supply, April 2002

Total turnover in manufacturing and mining and quarrying were NOK 47 billion in April 2002. This is an increase of 12 per cent in terms of the twelve-month rate. The strong increase is due to the fact that Easter in 2001 was in April, in comparison to 2002 when the Easter was in March. Consequently, total turnover summed up for both April and March 2002 were approximately at the same level in 2002 as in 2001.

Harder for export industries

In terms of a year on year comparison so far in 2002 overall revenues in industries with export bias have decreased. In the period January till April 2002 total turnover for Basic metals were approximately NOK 11 billion. This is a drop of approximately 21 per cent in terms of the twelve-month rate and is partly offset by weaker figures in aluminium and iron and steel. The drop in figures for aluminium and iron and steel is due to both lower price and lower production. For more information about the devolvement in production see the Index of production . In the period January till April 2002 total turnover for chemical and chemicals products was NOK 7 billion, a decrease of approximately 20 per cent compared with the corresponding period in 2001.

Improvement for food products and beverages

Overall revenues from food products, beverages and tobacco are approximately NOK 46 billion so far in 2002. This is a rise of 11 per cent compared with the corresponding figures from 2001, partly offset by manufacture of prepared animal feeds and other food products like manufacturing of bread, fresh pastry goods and cakes.

Overall revenues in manufacturing of machinery increased with approximately 15 per cent compared with the corresponding figures in 2001. The improvement is mainly due to higher prices for machinery products. Similarly, total turnover in manufacturing of transport equipment and manufacturing of fabricated metal products has improved compared with figures from the corresponding period in 2001.