Norway Manufacturing PMI

The NIMA Manufacturing PMI for Norway decreased to 55.9 in December 2018 from an upwardly revised 56.2 in the previous month. It was the lowest reading since September, as job creation weakened (51.8 from 53.0 in November). On the other hand, faster increases were seen in new orders (58.3 from 57.5), output (59.3 from 58.4) and inventories (57.8 from 54.4). Meantime, the gauge for suppliers' delivery time went down (60.3 from 61.4). Manufacturing PMI in Norway averaged 53.15 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 54.00 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 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.

Historical
Forecast

1Y 5Y 10Y MAX

width

height

Preview

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.

API Features Documentation Interested? Click here to contact us

Norway Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	8.90	8.90	20.10	-22.90	Index Points	[+]
Manufacturing PMI	55.90	56.20	64.10	36.90		[+]
Industrial Production	2.60	4.50	15.40	-13.10	percent	[+]
Industrial Production Mom	-1.50	2.30	12.40	-9.30	percent	[+]
Manufacturing Production	2.80	3.00	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	453.00	457.00	595.00	43.00	Companies and Individuals	[+]
Car Registrations	14184.00	14095.00	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	0.60	0.30	0.90	-0.40	percent	[+]
Mining Production	-1.60	8.60	69.00	-28.20	percent	[+]
Steel Production	56.06	55.00	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	13666.00	13281.00	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 January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	55.90	56.20	64.10	36.90	2004 - 2018		Monthly	SA

Country	Last		Previous	Range
Australia	49.50	Dec/18	51.3	63.1 : 30.86
Brazil	52.60	Dec/18	52.7	53.5 : 41.6
Canada	53.60	Dec/18	54.9	57.1 : 47.5
China	49.70	Dec/18	50.2	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	53.20	Dec/18	54	55 : 47.9
Indonesia	51.20	Dec/18	50.4	58.5 : 46.4
Italy	49.20	Dec/18	48.6	59 : 48
Japan	52.60	Dec/18	52.2	56.2 : 29.6
Mexico	49.70	Dec/18	49.7	57.1 : 49.2
Netherlands	57.20	Dec/18	56.1	63.4 : 48
Russia	51.70	Dec/18	52.6	54.7 : 47.6
Saudi Arabia	54.50	Dec/18	55.2	61.8 : 51.4
Singapore	51.10	Dec/18	51.5	53.1 : 48.3
South Africa	50.70	Dec/18	49.5	60.87 : 35.09
South Korea	49.80	Dec/18	48.6	52.6 : 45.7
Spain	51.10	Dec/18	52.6	56.1 : 41.1
Switzerland	57.80	Dec/18	57.7	66.9 : 32.9
Turkey	44.20	Dec/18	44.7	55.7 : 42.7
United Kingdom	54.20	Dec/18	53.6	61.5 : 34.4
United States	53.80	Dec/18	55.3	57.9 : 50.7