Norway Industry Confidence  1988-2017 | Data | Chart | Calendar | Forecast

Manufacturing confidence in Norway rose to 1 in the first quarter of 2017 from 0 in the previous period but below market expectations of 3. Still, it was the highest reading since the third quarter 2014, supported by an increase in the output of consumer and intermediate goods, while production of capital goods continued to fall. Meanwhile, general outlook for the coming quarter is positive, as industry leaders report that investment plans have been adjusted upwards and that new orders from both the domestic market and export market are expected to increase, while employment will see a further drop. Business Confidence in Norway averaged 2.65 from 1988 until 2017, reaching an all time high of 20.10 in the fourth quarter of 2006 and a record low of -22.90 in the fourth quarter of 2008.

Norway Industry Confidence
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-28 06:00 AM Q3 -5 -2 0 -5
2017-01-30 07:00 AM Q4 0 -5 -2
2017-04-21 06:00 AM Q1 1 0 3 2
2017-07-25 06:00 AM Q2 1 2.5
2017-10-20 06:00 AM Q3 3.6




Norway Business Last Previous Highest Lowest Unit
Business Confidence 1.10 -0.20 20.10 -22.90 [+]
Manufacturing PMI 54.70 54.80 64.80 34.70 [+]
Industrial Production 1.00 1.20 15.40 -13.10 percent [+]
Industrial Production Mom -0.10 -0.60 12.30 -9.30 percent [+]
Manufacturing Production -3.30 -1.40 8.90 -10.40 percent [+]
Capacity Utilization 77.00 76.80 85.50 76.20 percent [+]
New Orders 115.00 106.70 171.00 39.70 Index Points [+]
Changes in Inventories 39017.00 37391.00 58918.00 3266.00 NOK Million [+]
Bankruptcies 285.00 463.00 595.00 43.00 Companies and persons [+]
Car Registrations 14136.00 12964.00 19014.50 4089.00 Cars [+]
Competitiveness Index 5.44 5.41 5.44 5.14 Points [+]
Competitiveness Rank 11.00 11.00 17.00 11.00 [+]
Ease of Doing Business 6.00 8.00 10.00 6.00 [+]
Electricity Production 13156.00 15311.00 16376.00 6653.00 Gigawatt-hour [+]
Corruption Index 85.00 87.00 91.00 79.00 Points [+]
Corruption Rank 6.00 5.00 14.00 5.00 [+]
Steel Production 46.13 58.70 97.00 0.00 Thousand Tonnes [+]
Mining Production -9.30 20.20 69.00 -28.20 percent [+]


Norway Industry Confidence Notes

In Norway, Industrial confidence indicator (ICI) Business tendency survey is the arithmetic average of the responses (balances) to the questions on production expectations, total stock of orders and inventories of own products. The indicator is a guide to the level of industrial production since: an expected rise in the level of output gives signals of increased production in the forthcoming quarter; an increase in the total stock of orders indicates a higher level of production due to the future fulfillment of these orders; an increase in the inventories of own products indicates slow sales and reduced activity. This page provides - Norway Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Industry Confidence - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 -0.20 20.10 -22.90 1988 - 2017 Quarterly
SA



business confidence by Country

Last
Australia 13.00 Apr/17
Brazil 53.70 May/17
Canada 62.40 Apr/17
China 51.20 Apr/17
Euro Area 0.90 May/17
France 109.00 May/17
Germany 114.60 May/17
India 57.20 Jun/16
Indonesia 103.42 Mar/17
Italy 106.90 May/17
Japan 12.00 Mar/17
Mexico 46.70 Apr/17
Netherlands 6.10 May/17
Russia -1.00 May/17
South Korea 83.00 Apr/17
Spain 0.50 May/17
Switzerland 101.60 May/17
Turkey 109.20 May/17
United Kingdom 1.00 Jun/17
United States 54.80 Apr/17