Norway Manufacturing Output Growth Accelerates

Norway’s manufacturing production fell 0.3% month-over-month in January 2026, after an upwardly revised 0.2% drop in the previous month. This was the second consecutive month of decline, weighed down by lower output in fabricated metal products (-1.0% vs -1.0% in December), computer and electrical equipment (-1.9% vs -0.8%), machinery and equipment (-3.8% vs -1.0%), and ships, boats, and oil platforms (-0.8% vs 2.4%). Partially offsetting these declines, production rebounded in food, beverage, and tobacco (1.3% vs -0.7%) and in repair and installation of machinery (1.3% vs -0.1%), while growth accelerated in refined petroleum, chemicals, and pharmaceuticals (4.3% vs 0.9%). On a yearly basis, manufacturing output increased 2.2%, following a 1.2% rise in December.

Norway’s manufacturing production decreased 0.1% month-over-month in December 2025, following a downwardly revised 2% gain in the previous month. Declines were mainly observed in the production of food, beverage and tobacco (-0.7% vs 0.8% in November), fabricated metal products (-0.9% vs 2.4%), computer and electrical equipment (-0.3% vs 3.6%), and machinery and equipment (-0.8% vs 1.1%). At the same time, growth moderated in refined petroleum, chemicals, and pharmaceuticals (1.3% vs 5.6%) and ships, boats and oil platforms (2.4% vs 4.9%). Meanwhile, output in repair and installation of machinery was unchanged, following a 0.2% fall in November. On a yearly basis, manufacturing output rose 1.2% in December, slowing from a 4.4% growth in November.

Norway’s manufacturing production rose 2.4% month-over-month in November 2025, after an upwardly revised 1.3% decline in the previous month. This was the largest monthly increase since April, largely driven by a rebound in output for refined petroleum, chemical, and pharmaceutical (4.6% vs -6.6% in October) and ships, boats, and oil platforms (4.6% vs -3.9%). Increases were also observed in the production of food, beverage, and tobacco (0.9% vs 0%), fabricated metal products (2.4% vs 0.1%), computer and electrical equipment (2.8% vs 1%), and machinery and equipment (1.4% vs 0.4%). Meanwhile, repair and installation of machinery fell 0.2%, reversing a 2.2% gain in the prior month. On a yearly basis, manufacturing output grew 4.4% in November, following an upwardly revised 2.4% rise in October.