Norway's industrial production grew 2.3 percent year-on-year in June of 2022, slowing from a downwardly revised 4.9% rise in the previous month. The figure was the weakest growth in industrial production since February, as production of electricity, gas and steam rebounded (0.8% vs -10.7%), amid a decline in both of extraction and related services (-3.2% vs 5.9% in May) and manufacturing, mining and quarrying (-2.2% vs -2.3%). On a monthly basis, the industrial production fell 1.7 percent, reversing from an upwardly revised 1.1 percent gain in May. source: Statistics Norway
Industrial Production in Norway averaged 0.49 percent from 1991 until 2022, reaching an all time high of 15.40 percent in June of 1994 and a record low of -13.10 percent in August of 2010. This page provides - Norway Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Industrial Production in Norway is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Industrial Production is projected to trend around 2.40 percent in 2023, according to our econometric models.