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/en/energi-og-industri/statistikker/pii/maaned
54419
Minor changes in manufacturing
statistikk
2011-11-07T10:00:00.000Z
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
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Index of industrial productionSeptember 2011

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Minor changes in manufacturing

Production in manufacturing decreased by 0. 3 per cent in the third quarter compared with the second quarter of 2011, according to seasonally-adjusted figures.

Industries like food products, wood and wood products, basic chemicals together with basic metals had a downturn in production. The decrease in basic chemicals can partly be explained by a decline in the solar-cell industry. On the other hand, fabricated metal products, machinery and equipment, and ships, boats and oil platforms had an increase in production in the third quarter compared with the second quarter of 2011. Due to the increase in new orders, the industry related to machinery and equipment was able to increase its level of activity (see statistics for new orders, third quarter 2011 ).

Index of production for manufacturing. January 2000-September 2011, 2005=100

From September 2010 to September 2011

Production in manufacturing went up by 1.8 per cent from September 2010 to September 2011, according to working-day adjusted figures. Industries such as fabricated metal products, computer and electrical equipment, as well as machinery and equipment saw an increase in the production in this period. Food products, wood and wood products together with basic chemicals and metals had a decrease in production. In addition, basic metals also saw a decline in production in the same period.

From August 2011 to September 2011

The output in manufacturing went up by 0.8 per cent from August to September 2011, according to seasonally-adjusted figures. Fabricated metal products, computer and electrical equipment, and machinery and equipment had a growth in production from August to September 2011.In addition, there was also an increase in the industry for boats, ships and oil platforms. In the same period, food products, wood and wood products as well as paper and paper products had a minor decrease in production.

Norway and the euro area

There was a 2.0 per cent increase in Norwegian manufacturing output from August 2010 to August 2011, according to working-day adjusted figures. Industrial production in the euro area increased by 6.7 per cent in the same period, according to figures published by Eurostat .

Monthly Index of production. September 2011. Changes in per cent
 
  Adjusted for working-days1 Seasonally adjusted
  September 2010-
September 2011
January 2010-September 2010-
January 2011-September 2011
August 2011-
September 2011
April 2011-June 2011-
July 2011-September 2011
 
The overall index 4.2 -4.6 -0.1 3.6
         
Oil and Gas Extraction 4.3 -8.4 1.3 4.4
Manufacturing 1.8 1.3 0.8 -0.3
Electricity, Gas and Steam Supply 16.5 4.0 -10.5 12.8
         
Main industrial groupings        
Intermediate goods 7.3 6.3 1.8 0.2
Capital goods 6.5 2.0 -0.4 3.9
Consumer goods -5.2 -1.0 -0.1 -4.0
Energy goods 5.1 -8.3 -1.2 5.5
 
1  Adjusted for working-days and for public holidays in Norway.

Interpretation of seasonally-adjusted figures

In order to facilitate the interpretation of the short-term development, the index of production publishes three-month moving averages of the seasonally-adjusted figures. We normally compare the latest non-overlapping three-month periods, for instance July to September 2011 compared with April to June 2011. Seasonally-adjusted monthly changes must be interpreted with caution.

 

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