Norway Manufacturing PMI

Norway's NIMA/DNB Manufacturing PMI rose to 56.8 in March 2019 from 56.3 in the previous month, beating market forecasts of 55.3. Growth was stronger for both production (59.4 from 57.1 in February) and new orders (57.5 from 56.7). Meantime, the rate of job creation remained steady (at 57.8). On the other hand, decreases were seen in suppliers' delivery time (55.5 from 58.2) and inventories (51.6 from 52.6). Manufacturing PMI in Norway averaged 53.20 from 2004 until 2019, reaching an all time high of 64.10 in November of 2006 and a record low of 36.80 in February of 2009.

Manufacturing PMI in Norway is expected to be 54.00 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 54.00 in 12 months time. In the long-term, the Norway Manufacturing PMI is projected to trend around 54.20 in 2020, according to our econometric models.

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Norway Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	9.00	8.90	20.10	-22.90	Index Points	[+]
Manufacturing PMI	56.80	56.30	64.10	36.80		[+]
Industrial Production	-5.70	-3.40	15.40	-13.10	percent	[+]
Industrial Production Mom	-1.80	-2.20	12.70	-9.30	percent	[+]
Manufacturing Production	3.10	4.00	8.90	-10.40	percent	[+]
Capacity Utilization	79.60	79.20	85.50	76.20	percent	[+]
Changes in Inventories	33332.00	27060.00	57276.00	3245.00	NOK Million	[+]
Bankruptcies	410.00	424.00	595.00	43.00	Companies and Individuals	[+]
Car Registrations	17227.00	14042.00	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	0.80	0.90	0.90	-0.40	percent	[+]
Mining Production	21.20	-8.50	69.00	-28.20	percent	[+]
Steel Production	55.00	59.78	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	84.00	85.00	91.00	79.00	Points	[+]
Corruption Rank	7.00	3.00	14.00	3.00		[+]
Ease of Doing Business	7.00	8.00	10.00	6.00		[+]
Electricity Production	11745.00	14707.00	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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	56.80	56.30	64.10	36.80	2004 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	51.00	Mar/19	54	62.5 : 29.47
Brazil	52.80	Mar/19	53.4	53.5 : 41.6
Canada	50.50	Mar/19	52.6	57.1 : 47.5
China	50.80	Mar/19	49.9	52.3 : 47.2
Euro Area	47.80	Apr/19	47.5	60.6 : 33.5
France	49.60	Apr/19	49.7	58.8 : 42.7
Germany	44.50	Apr/19	44.1	63.3 : 32
India	52.60	Mar/19	54.3	55 : 47.9
Indonesia	51.20	Mar/19	50.1	58.5 : 46.4
Italy	47.40	Mar/19	47.7	59 : 47.4
Japan	49.50	Apr/19	49.2	56.2 : 29.6
Mexico	49.80	Mar/19	52.6	57.1 : 49.2
Netherlands	52.50	Mar/19	52.7	63.4 : 48
Russia	52.80	Mar/19	50.1	54.7 : 47.6
Saudi Arabia	56.80	Mar/19	56.6	61.8 : 51.4
Singapore	50.80	Mar/19	50.4	53.1 : 48.3
South Africa	45.00	Mar/19	46.2	60.87 : 35.09
South Korea	48.80	Mar/19	47.2	52.6 : 45.7
Spain	50.90	Mar/19	49.9	56.1 : 41.1
Switzerland	50.30	Mar/19	55.4	66.9 : 32.8
Turkey	47.20	Mar/19	46.4	55.7 : 42.7
United Kingdom	55.10	Mar/19	52.1	61.5 : 34.4
United States	52.40	Apr/19	52.4	57.9 : 50.7