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Fall in manufacturing turnover
The turnover in Norwegian manufacturing fell by 6.2 per cent in the second quarter of 2009, according to seasonally-adjusted figures.
The turnover dropped by 6.4 per cent in the domestic market and by 4.2 per cent in the export market.
Seasonally-adjusted figures show that the industry related to building ships, boats and oil platforms had the largest decrease in turnover from the first to the second quarter, down 21.7 per cent. The decline is partly due to a fall in the production volume ( Index of production ). The turnover of the basic metals industry also continued to decline - down 13.8 per cent. The fall in turnover for the refined petroleum, chemicals and pharmaceuticals industry and the industry group of repair and installation of machinery also contributed to the fall in manufacturing turnover.
There are still signs of improvement in turnover for the wood and wood products industry. This industry experienced an increase of 10.9 per cent in turnover in the last quarter.
Fall in turnover from May to June
Seasonally-adjusted figures show that manufacturing turnover went down 1.8 per cent from May to June 2009. The turnover of intermediate goods increased by 2.3 per cent, while turnover of capital goods went down by 7.1 per cent.
Lower turnover in June 2009 compared to June 2008
Manufacturing turnover fell by 10.9 per cent in June 2009 compared to June 2008, according to unadjusted figures. The industries that contributed the most to the fall in turnover were basic metals - down 39.5 per cent - and refined petroleum, chemicals and pharmaceuticals - down 32.7 per cent. Among the industries that experienced a rise in turnover was the food, beverages and tobacco industry. This industry experienced a growth in turnover of 11.4 per cent.
Norway and the euro area
Unadjusted figures show that there was a 12.4 per cent fall in Norwegian manufacturing turnover from May 2008 to May 2009. Manufacturing turnover in the euro area dropped by 23.3 per cent in the same period, according to figures published by Eurostat .
Original series.1 January-June 2009 |
Changes in per cent.
January-June 2008- January-June 2009 |
Original series.1 June 2009 |
Changes in per cent.
June 2008-June 2009 |
Changes in per cent.
Seasonally adjusted. January 2008-March 2009- April 2009-June 2009 |
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The overall turnover | 702 810 | -13.7 | 115 151 | -19.5 | -9.6 | ||||||||||||||||||||||||||||||||||
Extraction and related services | 266 527 | -23.8 | 40 686 | -31.9 | -12.5 | ||||||||||||||||||||||||||||||||||
Manufacturing, mining and quarrying | 379 856 | -7.3 | 67 718 | -10.8 | -6.2 | ||||||||||||||||||||||||||||||||||
Domestic market | 217 728 | -11.7 | 40 240 | -17.4 | -6.1 | ||||||||||||||||||||||||||||||||||
Export market | 162 128 | -0.6 | 27 478 | -1.1 | 4.1 | ||||||||||||||||||||||||||||||||||
Electricity, Gas and Steam Supply | 56 428 | 2.3 | 6 747 | -9.1 | -9.2 | ||||||||||||||||||||||||||||||||||
Main industrial groupings | |||||||||||||||||||||||||||||||||||||||
Intermediate goods | 149 638 | -10.8 | 27 592 | -8.1 | -3.5 | ||||||||||||||||||||||||||||||||||
Capital goods | 135 133 | 11.5 | 23 038 | -0.9 | -12.8 | ||||||||||||||||||||||||||||||||||
Consumer goods | 95 785 | 1.2 | 16 586 | 4.4 | -0.1 | ||||||||||||||||||||||||||||||||||
Energy goods | 322 252 | -25.2 | 47 934 | -35.1 | -13.4 | ||||||||||||||||||||||||||||||||||
1 | NOK million. |
Documentation on seasonal adjustmentStatistics Norway has developed general and survey specific documentation of seasonal adjustment practices. The documentation is based on the European Statistical System (ESS): Guidelines on seasonal adjustment . This documentation clarifies the seasonal adjustment practices in use in Statistics Norway, and simplifies a comparison between surveys. Different quality measures are also published in the survey specific documentation. The survey specific documentation is available in the left margin under About seasonal adjustment . The general documentation is available under: http://www.ssb.no/english/metadata/methods/seasonal_adjustment.pdf |
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