Norway Industry Confidence  1988-2018 | Data | Chart | Calendar | Forecast

Norwegian industrial confidence index unexpectedly came in at 6.3 in the March quarter of 2018, down slightly from a 3-1/2-year high of 6.4 in the previous three-month period while markets estimated 7. Manufacturers reported production was roughly unchanged for capital and consumer goods, while intermediate goods output fell. Meantime, the general outlook for the June quarter 2018 was clearly positive. Industry leaders reported that investment plans were adjusted upwards and employment are expected to increase. Also, new orders from both the domestic market and export market was projected to grow and the total stock of orders were set to rise. Business Confidence in Norway averaged 2.72 Index Points from 1988 until 2018, reaching an all time high of 20.10 Index Points in the fourth quarter of 2006 and a record low of -22.90 Index Points in the fourth quarter of 2008.

Norway Industry Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-20 06:00 AM Industrial Confidence 2.3 3.7 4.2
2018-01-22 07:00 AM Industrial Confidence 6.4 3.2 2.9
2018-04-20 06:00 AM Industrial Confidence 6.3 6.4 7.0 8
2018-07-24 06:00 AM Industrial Confidence 6.3 7.5
2018-10-19 06:00 AM Industrial Confidence 6.9


Norway Business Last Previous Highest Lowest Unit
Business Confidence 6.30 6.40 20.10 -22.90 Index Points [+]
Manufacturing PMI 56.20 55.10 64.10 36.90 [+]
Industrial Production 0.20 1.80 15.40 -13.10 percent [+]
Industrial Production Mom -0.70 -0.50 13.00 -9.30 percent [+]
Manufacturing Production 0.90 0.20 8.90 -10.40 percent [+]
Capacity Utilization 78.00 77.90 85.50 76.20 percent [+]
New Orders 146.10 97.80 171.00 39.70 Index Points [+]
Changes in Inventories 54179.00 44693.00 56094.00 3249.00 NOK Million [+]
Bankruptcies 412.00 473.00 595.00 43.00 Companies and Individuals [+]
Car Registrations 15972.00 15239.00 19014.50 4089.00 [+]
Internet Speed 23539.08 23633.20 23633.20 4055.36 KBps [+]
IP Addresses 2663340.00 2550734.00 3708569.00 1631719.00 IP [+]
Mining Production 11.90 -14.60 69.00 -28.20 percent [+]
Steel Production 50.00 45.00 97.00 0.00 Thousand Tonnes [+]
Competitiveness Index 5.40 5.44 5.44 5.14 Points [+]
Competitiveness Rank 11.00 11.00 17.00 11.00 [+]
Corruption Index 85.00 85.00 91.00 79.00 Points [+]
Corruption Rank 3.00 6.00 14.00 3.00 [+]
Ease of Doing Business 8.00 6.00 10.00 6.00 [+]
Electricity Production 14796.00 15629.00 16376.00 6653.00 Gigawatt-hour [+]


Norway Industry Confidence

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 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.30 6.40 20.10 -22.90 1988 - 2018 Index Points Quarterly
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business confidence by Country
Country Last
Australia 10.00 Apr/18
Brazil 55.50 May/18
Canada 71.50 Apr/18
China 51.40 Apr/18
Euro Area 1.35 Apr/18
France 109.00 Apr/18
Germany 102.10 Apr/18
India 59.70 Dec/17
Indonesia 106.28 Mar/18
Italy 107.70 Apr/18
Japan 24.00 Mar/18
Mexico 50.00 Apr/18
Netherlands 8.20 Apr/18
Russia -2.00 Apr/18
South Korea 77.00 Apr/18
Spain 5.50 Apr/18
Switzerland 105.30 Apr/18
Turkey 111.20 Apr/18
United Kingdom -4.00 Jun/18
United States 57.30 Apr/18


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