Turnover in oil and gas, manufacturing, mining and electricity supply, April 2005

The turnover within Norwegian Oil- and Gas extraction rose by 14.6 per cent in the last three months period. This rise is mainly due to high prices on oil, where the average price on crude oil is up 20 per cent, compared to the previous three months period.

Continuous increase within intermediate goods

The turnover within intermediate goods experience a rise of 0.7 per cent from the previous three months period, although the figures are negative from March to April. This is mainly due to an increase in turnover within other non-metallic mineral products, whereas turnover declined for pulp, paper and paper products and basic chemicals. From March to April, the division pulp, paper and paper products shows a noticeably more positive development.

Decline in capital goods

Whereas intermediate goods are experiencing growth, capital goods continue to decrease. Although there is an increase in turnover within fabricated metal products, machinery and equipment and oil platforms, there is a decline in electrical and optical equipment and transport equipment, which affects the development within this industrial grouping.

Consumer goods down

Even within consumer goods a decline can be seen in this last three months period. This is mainly due to the fall within the non-durable consumer goods, such as food products, beverages and tobacco. Still, it is noteworthy to mention the increase from March to April within the same division.