54218_not-searchable
/en/energi-og-industri/statistikker/ogibkoms/maaned
54218
Unchanged industrial turnover
statistikk
2011-08-05T10:00:00.000Z
Energy and manufacturing;Energy and manufacturing
en
ogibkoms, Turnover in oil and gas, manufacturing, mining and electricity supply, industrial turnover, domestic market, export market, valueEnergy , Oil and gas , Manufacturing, mining and quarrying , Energy and manufacturing
false

Turnover in oil and gas, manufacturing, mining and electricity supply, June 2011

Content

Published:

This is an archived release.

Go to latest release

Unchanged industrial turnover

Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing was almost unchanged from the first quarter of 2011 to the second quarter of 2011.

Index of turnover for manufacturing. Seasonally adjusted. Three-month average 2002-2011

The turnover in Norwegian manufacturing fell by 3.1 per cent within the domestic market during the second quarter, while there was an increase by 3.8 per cent in the export market, according to seasonally-adjusted figures. One of the major contributors to the fall was refined petroleum, chemicals and pharmaceuticals, which reduced its turnover by 5.3 per cent. Lower prices within this industry contributed to this result. See the Producer price index . Basic metals dropped 3.6 per cent and the reason was a fall in both price and production volume this second quarter. In addition machinery and equipment decreased its turnover by 4.7 per cent.

On the other hand, industries with increased turnover included food products, up by 3.5 per cent, and fabricated metal products, with an 8.1 per cent increase. A higher production volume within these two industrial groups explains this tendency in the second quarter of 2011, see the Index of production

Fall in turnover from May to June 2011

Index of turnover for manufacturing January 2002-June 2011, 2005=100

Seasonally-adjusted figures showed that the turnover in Norwegian manufacturing went down by 5.5 per cent from May to June this year. The largest contributors to this were refined petroleum, chemicals and pharmaceuticals, down 17.3 per cent. Also machinery and equipment as well as basic metals showed a lower turnover; a decrease of 14.7 and 8.9 per cent respectively.

Decrease in turnover from June 2010

Unadjusted figures showed that the total manufacturing turnover fell by 5.9 per cent since the same month last year. The home market fell by 11.4 per cent; conversely figures for the export marked showed a 4.3 per cent increase.

Norway and the euro area

Unadjusted figures show that the Norwegian manufacturing turnover went up 7.9 per cent from May 2010 to May 2011. Manufacturing turnover in the euro area went up 18 per cent in the same period, according to figures published by Eurostat .

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. June 2011
 
  Original series.1
January-
June 2011		 Changes in per cent.
January-June 2010-
January-June 2011		 Original series.1
June 2011		 Changes in per cent.
June 2010-
June 2011		 Changes in per cent.
Seasonally adjusted.
January 2011-March 2011-
April 2011-June 2011
 
The overall turnover  776 554 5.5  122 067 -3.5 -2.6
           
Extraction and related services  318 651 13.2 46 435 -0.8 -3.7
Manufacturing, mining and quarrying  377 047 0.6 66 706 -5.7 0.3
Domestic market  222 117 -4.5 40 666 -11.3 -3.1
Export market  154 929 9.2 26 040 4.5 3.7
Electricity, Gas and Steam Supply 80 856 1.2 8 926 0.5 -6.7
           
Main industrial groupings          
Intermediate goods  180 285 12.8 33 204 5.6 0.9
Capital goods 98 320 -15.7 17 183 -19.3 -2.2
Consumer goods 93 470 0.3 16 537 -2.7 2.8
Energy goods  404 480 10.4 55 144 -2.8 -5.7
 
1  NOK million.

From manufacturing to services in oil and gas extraction

As from January 2011, several enterprises have been reclassified from manufacturing to service activities in oil and gas extraction in the Central register of establishments and enterprises. As a result, these establishments have been moved from manufacturing to extraction and related services in the statistics on turnover. These changes have also been incorporated into the population that is used to inflate the sample to total turnover in the various industries. Read more about the changes in the annual statistics for oil and gas activity .

Changes in population basis

Turnover from auxiliary enterprises and financial holding companies is excluded from the defined population for the monthly statistics on turnover. This is in accordance with forthcoming changes in the publication of annual manufacturing statistics.

Interpretation of seasonally-adjusted figures

In order to facilitate the interpretation of the short-term development, statistics on turnover publishes three-month moving averages of the seasonally-adjusted figures. We normally compare the latest non-overlapping three-month periods (for instance January to March compared with April to June).

 

The response rate in the survey for June 2011 is somewhat lower than normal due to vacation in the Norwegian enterprises.

The relationship between production and turnover

The development in the turnover can be related to changes in both volume and prices in the different industries. Production to stocks and sales from stocks can also happen. Reporting during large deliveries of capital goods can contribute to differences in the development in the index of production and the statistics on turnover.

 

Tables

Published tables