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Manufacturing turnover still falling
The turnover in Norwegian manufacturing fell by 2.9 per cent in the period from February to April 2009 compared to the previous three-month period, according to seasonally-adjusted figures.
The turnover dropped by 7.9 per cent in the domestic market and increased by 5.8 per cent in the export market. The growth in manufacturing export turnover was mainly caused by increases in turnover of capital goods and consumer goods in the export market.
Seasonally-adjusted figures show that the turnover of basic metals had the largest decrease in turnover in this last three-month period, down 21.0 per cent. Price development is still negative for basic metals and non-ferrous metals (see producer price index ). The turnover for paper and paper products also continued to decline - down 21.0 per cent. The fall in turnover for fabricated metal products, rubber, plastic and mineral products, and refined petroleum, chemicals and pharmaceuticals also contributed to the fall in manufacturing turnover.
The turnover of ships, boats and platforms increased in this period, up 14.5 per cent, while machinery and equipment grew by 8.5 per cent. This positive development is due to high activity in these industries (see the index of production ).
Turnover decrease from March to April
Manufacturing turnover went down by 4.7 per cent from March to April 2009. This is partly due to large deliveries in ships, boats and oil platforms in March.
Lower turnover in April 2009 compared to April 2008
Manufacturing turnover fell by 16.4 per cent in April 2009 compared to April 2008, according to unadjusted figures. The drop in turnover is partly due to the fact that Easter was in April in 2009 and in March in 2008. The industries that contributed the most to the fall in turnover were basic metals - down 52.3 per cent - and refined petroleum, chemicals and pharmaceuticals - down 26.1 per cent. The industries that experienced a rise in turnover were machinery and equipment by 6.8 per cent and food products, by 2.2 per cent.
Norway and the euro area
Unadjusted figures show that there was a 12.1 per cent fall in Norwegian manufacturing turnover from March 2008 to March 2009. Manufacturing turnover in the euro area dropped by 16.1 per cent in the same period, according to figures published by Eurostat .
Original series.1January-April 2009 |
Changes in per cent.
January-April 2008- January-April 2009 |
Original series.1 April 2009 |
Changes in per cent.
April 2008-April 2009 |
Changes in per cent.
Seasonally adjusted. November 2008- January 2009- February 2009- April 2009 |
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The overall turnover | 479 461 | -10.3 | 108 196 | -22.4 | -5.6 | ||||||||||||||||||||||||||||||||||
Extraction and related services | 185 064 | -19.1 | 40 352 | -32.8 | -7.6 | ||||||||||||||||||||||||||||||||||
Manufacturing, mining and quarrying | 251 990 | -4.9 | 59 165 | -16.3 | -2.6 | ||||||||||||||||||||||||||||||||||
Domestic market | 142 351 | -8.8 | 33 210 | -18.8 | -8.4 | ||||||||||||||||||||||||||||||||||
Export market | 109 639 | 0.8 | 25 955 | -12.8 | 5.9 | ||||||||||||||||||||||||||||||||||
Electricity, Gas and Steam Supply | 42 408 | 3.4 | 8 679 | -0.6 | -9.1 | ||||||||||||||||||||||||||||||||||
Main industrial groupings | |||||||||||||||||||||||||||||||||||||||
Intermediate goods | 97 166 | -10.6 | 23 249 | -22.4 | -6.5 | ||||||||||||||||||||||||||||||||||
Capital goods | 92 117 | 17.8 | 21 076 | -0.5 | 4.9 | ||||||||||||||||||||||||||||||||||
Consumer goods | 63 586 | 0.3 | 15 023 | -6.6 | -0.6 | ||||||||||||||||||||||||||||||||||
Energy goods | 226 593 | -20.3 | 48 849 | -32.3 | -9.6 | ||||||||||||||||||||||||||||||||||
1 | NOK million. |
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