Norway's DNB Manufacturing PMI rose to 60.4 in March of 2021 from an upwardly revised 57.5 in the previous month and expanded at the fastest pace since July of 2017. Three of the five main sub-indexes expanded at a faster pace: new orders (60.3 from 56.6 in February), production (61.1 from 58.7); and employment (60.1 from 54.7). On the contrary, contractions were felt in suppliers' delivery time (68.5 from 71.0), and in the stock of purchased goods (52.3 from 57.7). source: NIMA/DNB Markets
Manufacturing PMI in Norway averaged 53 points from 2004 until 2021, reaching an all time high of 64.40 points in July of 2017 and a record low of 36.90 points in February of 2009. 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 - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Manufacturing PMI in Norway is expected to be 54.00 points 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 52.50 in 12 months time. In the long-term, the Norway Manufacturing PMI is projected to trend around 53.00 points in 2022, according to our econometric models.