Norway Manufacturing PMI

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.

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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	Range
Australia	51.30	Nov/18	58.3	63.1 : 30.86
Brazil	52.70	Nov/18	51.1	53.5 : 41.6
Canada	54.90	Nov/18	53.9	57.1 : 47.5
China	50.20	Nov/18	50.1	52.3 : 47.2
Euro Area	51.40	Dec/18	51.8	60.6 : 33.5
France	49.70	Dec/18	50.8	58.8 : 42.7
Germany	51.50	Dec/18	51.8	63.3 : 32
India	54.00	Nov/18	53.1	55 : 47.9
Indonesia	50.40	Nov/18	50.5	58.5 : 46.4
Italy	48.60	Nov/18	49.2	59 : 48
Japan	52.40	Dec/18	52.2	56.2 : 29.6
Mexico	49.70	Nov/18	50.7	57.1 : 49.2
Netherlands	56.10	Nov/18	57.1	63.4 : 48
Russia	52.60	Nov/18	51.3	54.7 : 47.6
Saudi Arabia	55.20	Nov/18	53.8	61.8 : 51.4
Singapore	51.50	Nov/18	51.9	53.1 : 48.3
South Africa	49.50	Nov/18	42.4	60.87 : 35.09
South Korea	48.60	Nov/18	51	52.6 : 45.7
Spain	52.60	Nov/18	51.8	56.1 : 41.1
Switzerland	57.70	Nov/18	57.4	66.9 : 32.9
Turkey	44.70	Nov/18	44.3	55.7 : 42.7
United Kingdom	53.10	Nov/18	51.1	61.5 : 34.4
United States	53.90	Dec/18	55.3	57.9 : 50.7