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This is an archived release.
Positive for manufacturing
There were evident signs of growth in Norwegian manufacturing in the second quarter of 2005 compared with the first quarter, according to seasonally adjusted figures. The production of intermediate goods, capital goods and consumer goods has increased.
The production of intermediate goods shows an improvement of 1.8 per cent from the first to the second quarter. This is due to an increase within all major industries such as refined petroleum products and parts of chemicals and chemical products, other non-metallic mineral products, pulp, paper and paper products as well as parts of basic metals. There was a decline in production of rubber and plastic products, basic chemicals and non-ferrous metals.
Capital goods
The figures are also positive for capital goods, with an increase in production of 2.5 per cent from the first to the second quarter. Industries such as oil platforms, machinery and equipment and transport equipment have shown a clear growth.
Consumer goods
Even for consumer goods there was an improvement in production in the second quarter compared with the previous quarter. This is mainly due to an increase in all food products, except for fish and fish products, as well as an increase within the Norwegian furniture industry and publishing, printing and reproduction industry.
| Monthly index of production. June 2005. Changes in per cent |
| Adjusted to the length of month 1 | Seasonally adjusted | ||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| June 2004- June 2005 | January-June 2004- January-June 2005 | May 2005- June 2005 | January-March 2005- April-June 2005 | ||||||||||||||||||||||||||||||||||||
| The overall index | -9.5 | -2.7 | -6.0 | 2.9 | |||||||||||||||||||||||||||||||||||
| Oil and gas extraction | -17.4 | -6.6 | -9.6 | 3.7 | |||||||||||||||||||||||||||||||||||
| Manufacturing | 2.9 | 3.7 | 0.9 | 2.0 | |||||||||||||||||||||||||||||||||||
| Electricity, gas and steam supply | 23.7 | 25.4 | -3.5 | - | |||||||||||||||||||||||||||||||||||
| Main industrial groupings | |||||||||||||||||||||||||||||||||||||||
| Intermediate goods | 4.6 | 3.7 | 3.0 | 1.8 | |||||||||||||||||||||||||||||||||||
| Capital goods | 5.6 | 7.0 | -0.4 | 2.5 | |||||||||||||||||||||||||||||||||||
| Consumer goods | -2.3 | 0.4 | -0.6 | 1.3 | |||||||||||||||||||||||||||||||||||
| Energy goods | -16.0 | -3.9 | -10.9 | 3.2 | |||||||||||||||||||||||||||||||||||
| 1 | Recalculated to standard month and adjusted for different number of working days per week. |
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Production and turnover
E-mail: prodoms@ssb.no