Turnover in oil and gas, manufacturing, mining and electricity supply, June 2015

The index value for turnover in manufacturing was 152.0 (2005=100) in the second quarter of 2015, compared to 150.7 in the previous quarter, according to seasonally-adjusted figures.

Three-month change: growth for refined petroleum, chemical and pharmaceutical industries

Seasonally-adjusted figures showed that the grouping refined petroleum, chemical and pharmaceutical industries edged up 8.5 per cent from the first to the second quarter of 2015, mainly du to planned maintenance shutdown among a few leading suppliers in the first quarter of 2015. Moreover, several large deliveries of built ships in April and May recorded a solid growth in building of ships, boats and oil platforms industry.

The biggest contributor pulling down total manufacturing turnover was machinery and equipment which recorded a decrease of 10.8 per cent. The decline is mostly because of large deliveries in the previous three-month period which led to a higher level of turnover in March.

Monthly change: notable fall for building of ships, boats and oil platforms industry

Total Norwegian manufacturing turnover went down 0.3 per cent from May to June 2015, according to seasonally-adjusted figures.

Building of ships, boats and oil platforms industry as well as machinery and equipment had a decrease in turnover, with 20.7 and 9.9 per cent respectively. Fabricated metal products (7.0 per cent), and paper and paper products (10.9 per cent) also recorded a reduction in their turnover.

On the other hand, the grouping refined petroleum, chemical and pharmaceutical industries rose 7.7 per cent. Food products accounted for about 22 per cent of total manufacturing turnover, increased by 2.9 per cent in this period. The fish products industry was the major contributor to the growth.

Twelve-month change: notable growth for food products from June 2014

Calendar-adjusted figures showed an increase of 2.7 per cent in total manufacturing turnover in June 2015 compared to June 2014. While the export market enjoyed a 12.2 per cent growth, the domestic market faced a 3.1 per cent decline.

The biggest contributor to pulling up total manufacturing turnover was food products, which increased by 8.5 per cent, mainly due to a growth in fish products. However, building of ships, boats and oil platforms industry showed a strong decline in this period, fell by 21.2 per cent.

Monthly change: slight changes in Norway and the euro area in May 2015

Norwegian manufacturing turnover went down 0.5 per cent from April to May 2015 according to seasonally-adjusted figures. Manufacturing turnover in the euro area faced a slight increase of 0.4 per cent. In the Nordic countries, Denmark and Sweden showed a decrease of 1.9 and 1.0 per cent respectively, according to Eurostat.