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Rise in turnover for manufacturing
Total turnover for Norwegian manufacturing amounted to approximately NOK 54 billion in October 2005. This is an increase of 7.81 per cent compared to October 2004. Seasonally adjusted figures show that all the main industrial groupings experienced a rise.
The turnover in Norwegian oil- and gas extraction amounted to almost NOK 49 billion in October, up close to 20 per cent compared with the same month last year. According to external trade figures, price on crude oil remains high. The average price of oil was NOK 387 per barrel in October, compared with NOK 327 in October last year.
Lasting growth within capital goods
Capital goods had the strongest growth of all the main industrial groupings. Fabricated metal products and transport equipment had the largest increase within the sector. A boost in new orders from the home and export market have insured stable growth in the total stock of orders, which led to growth in the turnover of capital goods.
1 | Corrected 7 December 2005 at 10 minutes past 10. |
Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. October 2005 |
Original series1January-October 2005 | Changes in per cent January-October 2004-January-October 2005 | Original series1October 2005 | Changes in per cent October 2004-October 2005 | Changes in per cent. Seasonally adjusted. May-July 2005-August-October 2005 | |||||||||||||||||||||||||||||||||||
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The overall turnover | 972 492 | 9.7 | 114 003 | 13.9 | 7.4 | ||||||||||||||||||||||||||||||||||
Oil and gas extraction | 411 090 | 17.3 | 49 268 | 19.6 | 12.4 | ||||||||||||||||||||||||||||||||||
Manufacturing | 459 986 | 4.1 | 253 350 | 7.8 | 4.7 | ||||||||||||||||||||||||||||||||||
Electricity, gas and steam supply | 92 808 | 8.1 | 10 468 | 25.1 | 2.8 | ||||||||||||||||||||||||||||||||||
Main industrial groupings | |||||||||||||||||||||||||||||||||||||||
Intermediate goods | 174 252 | 2.2 | 18 803 | 3.5 | 0.6 | ||||||||||||||||||||||||||||||||||
Capital goods | 112 107 | 13.6 | 14 441 | 27.8 | 7.4 | ||||||||||||||||||||||||||||||||||
Consumer goods | 140 704 | -6.1 | 15 902 | -1.0 | 3.4 | ||||||||||||||||||||||||||||||||||
Energy goods | 545 431 | 16.6 | 64 856 | 18.8 | 11.2 | ||||||||||||||||||||||||||||||||||
1 | NOK million. |
2 | Corrected at 1050. |
Find more figures
Find detailed figures from Turnover in oil and gas, manufacturing, mining and electricity supply
Additional information
The variation in manufacturing turnover can be related to changes in volume and price indices in different industries and also production to stocks and sales from stocks.
Contact
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Robert Skotvold
E-mail: robert.skotvold@ssb.no
tel.: (+47) 40 90 24 44
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Anne Karin Linderud Haugen
E-mail: anne.karin.linderud.haugen@ssb.no
tel.: (+47) 91 88 19 76