Turnover in oil and gas, manufacturing, mining and electricity supply, May 2009

The turnover dropped by 7.8 per cent in the domestic market and increased by 1.8 per cent 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 21.6 per cent. The decline is due to both a fall in the production volume ( Index of production ) and a negative development in prices in the last three-month period ( Producer price index ). The turnover for paper and paper products also continued to decline - down 17.2 per cent. The fall in turnover for refined petroleum, chemicals and pharmaceuticals and the building of ships and oil platforms also contributed to the fall in manufacturing turnover.

There are signs of improvement in wood and wood products, with an increase of 7.3 per cent in turnover in the last three-month period.

Small changes in turnover from April to May

Seasonally-adjusted figures show that manufacturing turnover went down 0.6 per cent from April to May 2009. Consumer goods increased by 1.7 per cent, while the capital goods were down 2.4 per cent.

Lower turnover in May 2009 compared to May 2008

Manufacturing turnover fell by 12.5 per cent in May 2009 compared to May 2008, according to unadjusted figures. The industries that contributed the most to the fall in turnover were basic metals - down 46.7 per cent - and refined petroleum, chemicals and pharmaceuticals - down 34.9 per cent. The industries that experienced a rise in turnover were machinery and equipment by 11.4 per cent and food products, by 9.9 per cent.

Norway and the euro area

Unadjusted figures show that there was a 16.9 per cent rise in Norwegian manufacturing turnover from April 2008 to April 2009. Manufacturing turnover in the euro area dropped by 27.2 per cent in the same period, according to figures published by Eurostat .