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54224
Minor changes in industrial turnover
statistikk
2011-11-07T10:00:00.000Z
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, September 2011

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Minor changes in industrial turnover

Seasonally-adjusted figures show a small increase of 0.7 per cent in the turnover in Norwegian manufacturing from the second quarter of 2011 to the third quarter of 2011.

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

Most of the industries within the Norwegian manufacturing sector showed small changes in the third quarter. However, two industries showed better turnover results. Machinery and equipment went up 16 per cent. An increase in new orders has resulted in an increased production volume, which explains this positive development. See the Index of production . Turnover within food products also went up; by 2.8 per cent in the same period.

Meanwhile, the turnover within building of ships, boats and oil platforms fell by 15 per cent in the third quarter due to lower activity within the industry.

Unchanged turnover from August to September 2011

Seasonally-adjusted figures showed that the turnover in Norwegian manufacturing was unchanged from August to September this year. Turnover within basic metals dropped 2.6 per cent due to continued price falls several months in succession. See the Producer price index .

Increase from September 2010

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

Unadjusted figures showed that the total manufacturing turnover went up 3.6 per cent since the same month last year.

The largest contribution came from non-ferrous metals, up 8.9 per cent. In addition, rubber, plastic and mineral products showed a 3.8 per cent increase. The largest per cent change within refined petroleum, chemicals and pharmaceuticals has to be viewed in conjunction with the planned shutdown in the refined petroleum industry in September last year, which reduced the turnover in this period.

Industries with lower turnover were repair and installation of machinery; down 25 per cent, followed by building of ships, boats and oil platforms, with a 19 per cent decrease.

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. September 2011
 
  Original series.1
January-September 2011		 Changes in per cent.
January-September 2010-
January-September 2011		 Original series.1
September 2011		 Changes in per cent.
September 2010-
September 2011		 Changes in per cent.
Seasonally adjusted.
April 2011-June 2011-
July 2011-September 2011
 
The overall turnover 1 162 324 8.2  135 354 12.2 5.9
           
Extraction and related services  487 878 19.8 55 388 29.4 12.1
Manufacturing, mining and quarrying  565 112 1.0 70 308 4.2 0.5
Domestic market  331 206 -5.1 41 843 -3.3 0.5
Export market  233 905 11.2 28 465 17.7 2.6
Electricity, Gas and Steam Supply  109 333 1.5 9 658 -7.1 -0.7
           
Main industrial groupings          
Intermediate goods  274 360 11.9 33 963 7.3 2.2
Capital goods  143 803 -15.2 17 706 -10.9 -2.1
Consumer goods  141 063 -0.2 18 451 -0.8 0.0
Energy goods  603 097 16.3 65 234 29.1 9.7
 
1  NOK million.

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 May to June compared with July to September).

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