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23947
Increase in manufacturing
statistikk
2004-09-07T10:00:00.000Z
Energy and manufacturing;National accounts and business cycles;Energy and manufacturing
en
pii, Index of industrial production, industrial production, volume indicator, intermediate goods, capital goods, consumer goods, energy goodsEnergy , Oil and gas , Business cycles , Manufacturing, mining and quarrying , National accounts and business cycles, Energy and manufacturing
false

Index of industrial production, July 2004

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Increase in manufacturing

Seasonally adjusted figures show an increase of 1.7 per cent in Norwegian manufacturing output in the last three months compared with the previous three-month period. This development is due to positive figures within the production of intermediate and capital goods.

The production of intermediate goods increased by 1.9 per cent in the last three-month period. The improvement within the production of basic metals as well as basic chemicals is a result of increased production capacity and increased demand in the export market.

Capital goods up 1.9 per cent

The production of capital goods increased by 1.9 per cent during the same period, mainly due to increased activity in the production of oil platforms and machinery and equipment n.e.c. Transport equipment also experienced increased production, although this increase was lower than for the two other major contributors.

Consumer goods up 0.8 per cent

Consumer goods experienced an increase in the last three months compared with the previous three-month period. This is mainly due to the positive development within non-durable consumer goods such as food, beverages and tobacco and publishing, printing and reproduction.

Monthly Index of production. July 2004. Changes in per cent
  Adjusted to the length of month1 Seasonally adjusted
       July 2003-
July 2004 		   January-July 2003 -
January-July 2004 		     June-July 2004    February-April 2004 -
May-July 2004
The overall index 3.5 4.4 -8.7 2.5
         
Oil and Gas Extraction -4.5 1.9 -11.8 3.1
Manufacturing -0.2 0.2 -1.5 1.7
Electricity, Gas and Steam Supply -13.2 4.5 -6.7 -3.3
         
Main industrial groupings        
Intermediate goods 2.0 2.6 1.6 1.9
Capital goods -5.0 -4.4 -3.8 1.9
Consumer goods 1.7 1.1 -2.3 0.8
Energy goods -4.5 2.1 -10.9 2.9
1  Recalculated to standard month and adjusted for different number of working days per week.