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Energy and manufacturing
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Significant drop in manufacturing output
Norwegian manufacturing output saw a significant drop of 3 per cent from February to March 2020, according to seasonally adjusted figures. The activity was strongly affected by the measures introduced in order to mitigate the spreading of the Coro...
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Reduced manufacturing turnover in the first quarter
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing decreased by 1.0 per cent in the first quarter of 2020 compared with the last quarter of 2019. A 2.8 per cent increase in manufacturing turnover was recorded from ...
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Gloomy outlook for the second quarter
Norwegian industrial managers report a fall in the total production volume in the first quarter of the year. The general outlook for the second quarter of 2020 is characterized by pessimism and great uncertainty by the majority of industrial leade...
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An uneasy world made its mark on PPI
March saw the largest monthly decrease in producer price index (PPI) in over 15 years. Uncertainties relating to the corona pandemic and the petroleum markets' are the main causes of this downturn.
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Reduced manufacturing turnover
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing decreased by 1.4 per cent in the period December 2019 to February 2020 compared with the previous three-month period. A 1.6 per cent increase in manufacturing turn...
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Minor changes in manufacturing output
Norwegian manufacturing output was more or less unchanged from December 2019-February 2020 compared to the previous three-month period, according to seasonally adjusted figures. On a monthly basis, from January to February 2020, there was a minor ...
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Downturn in export prices in February
The producer price index (PPI) fell by 3.3 per cent from January to February. Reduced export prices on oil and gas had the largest impact, but reduced electricity prices were another contributing factor.
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Manufacturing turnover still at a high level
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 0.4 per cent in the period November 2019 to January 2020 compared with the previous three-month period. A 1.4 per cent increase in manufacturing turno...
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Unchanged manufacturing output
Norwegian manufacturing output was unchanged from November 2019-January 2020 compared to the previous three-month period, according to seasonally adjusted figures. The long term trend now shows an almost flat production development since June 2019.
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Oil investment estimate for 2020 upward adjusted
Total investments in oil and gas activity in 2020, including pipeline transportation, are estimated at NOK 185.4 billion, which is 1,5 per cent higher than estimated in the previous quarter.
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Strong investment growth in 2019
Final investments for 2019 covering oil and gas, manufacturing, mining and quarrying and electricity supply increased by as much as 15 per cent compared with 2018. The growth is mainly due to high investments within the oil and gas industry. The l...
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Another year of high electricity prices for households
The average price of electricity for households in 2019, excluding taxes and grid rent, was 48.7 øre per kWh, which is about he same level as the top listing the year before.
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Electricity prices drove PPI down
The first month of the decade resulted in a downturn in the producer price index (PPI). The lion’s share of this downturn came from most of the energy goods. A smaller dip in the prices on crude oil and natural gas was joined by a larger fall in p...
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Manufacturing turnover at record level
Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 2.1 per cent from the third to the fourth quarter of 2019. On a monthly basis, from November to December 2019, the manufacturing turnover increased by...
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Flat trend in manufacturing output continues
Norwegian manufacturing output was nearly unchanged in the fourth quarter of 2019 compared to the third quarter, according to seasonally-adjusted figures. The long term trend now shows an almost flat production development since June 2019.
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