The NIMA Manufacturing PMI for Norway rose to 56.1 in November of 2018 from 56 in the previous month. Faster increases were seen in output (57.7 from 55) and inventories (54 from 52.7). Meanwhile, orders (57.4 from 57.8) and employment (53.1 from 54.5) increased at a softer pace. Also, the gauge for suppliers' delivery time declined (61.4 from 62.2). Manufacturing PMI in Norway averaged 53.14 from 2004 until 2018, reaching an all time high of 64.10 in November of 2006 and a record low of 36.90 in February of 2009.

Manufacturing PMI in Norway is expected to be 54.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Norway to stand at 53.20 in 12 months time. In the long-term, the Norway Manufacturing PMI is projected to trend around 52.50 in 2020, according to our econometric models.

Norway Manufacturing PMI
width
height
Forecast Data Chart
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Norway Business Last Previous Highest Lowest Unit
Business Confidence 8.90 8.90 20.10 -22.90 Index Points [+]
Manufacturing PMI 56.10 56.00 64.10 36.90 [+]
Industrial Production 4.50 0.70 15.40 -13.10 percent [+]
Industrial Production Mom 2.30 -1.50 12.30 -9.30 percent [+]
Manufacturing Production 3.00 1.50 8.90 -10.40 percent [+]
Capacity Utilization 79.20 78.90 85.50 76.20 percent [+]
Changes in Inventories 29903.00 30104.00 57276.00 3245.00 NOK Million [+]
Bankruptcies 457.00 419.00 595.00 43.00 Companies and Individuals [+]
Car Registrations 14095.00 14055.00 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 [+]
Leading Economic Index 0.30 0.60 1.00 -0.40 percent [+]
Mining Production -11.70 -4.10 69.00 -28.20 percent [+]
Steel Production 55.00 50.50 97.00 0.00 Thousand Tonnes [+]
Competitiveness Index 78.16 78.94 78.94 5.14 Points [+]
Competitiveness Rank 16.00 14.00 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 7.00 8.00 10.00 6.00 [+]
Electricity Production 13281.00 11198.00 16376.00 6653.00 Gigawatt-hour [+]


Norway Manufacturing PMI

In Norway, the NIMA Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 300 companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Norway Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
56.10 56.00 64.10 36.90 2004 - 2018 Monthly
SA




Country Last Previous
Australia 51.30 Nov/18
Brazil 52.70 Nov/18
Canada 54.90 Nov/18
China 50.20 Nov/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 54.00 Nov/18
Indonesia 50.40 Nov/18
Italy 48.60 Nov/18
Japan 52.40 Dec/18
Mexico 49.70 Nov/18
Netherlands 56.10 Nov/18
Russia 52.60 Nov/18
Saudi Arabia 55.20 Nov/18
Singapore 51.50 Nov/18
South Africa 49.50 Nov/18
South Korea 48.60 Nov/18
Spain 52.60 Nov/18
Switzerland 57.70 Nov/18
Turkey 44.70 Nov/18
United Kingdom 53.10 Nov/18
United States 53.90 Dec/18


Related

Latest