Norway's industrial production grew 3.0 percent year-on-year in April of 2022, the same pace as in the previous month. The figure remained the strongest growth in industrial production since last October, as production of manufacturing, mining and quarrying recovered (2.6% vs -2.2%). Meanwhile, production contracted for both extraction and related services (-0.4% vs 0.4%) and electricity, gas and steam (-10.1% vs 5.7%). On a monthly basis, the industrial production shrank 0.5 percent, reversing from an upwardly revised 2.5 percent gain in March. source: Statistics Norway
Industrial Production in Norway averaged 0.47 percent from 1991 until 2022, reaching an all time high of 15.40 percent in June of 1994 and a record low of -13.10 percent in August of 2010. This page provides - Norway Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Industrial Production in Norway is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Industrial Production is projected to trend around 2.40 percent in 2023, according to our econometric models.