Norway's manufacturing production dropped by 0.9 percent month-over-month in October 2021, reversing from a 0.6 percent gain a month earlier. Food products contributed the most to total decline (- 7.8 percent), dragged down by a fall within the processing and preserving of fish. In addition, there was also a decrease in production within the industry grouping refined petroleum, chemicals, and pharmaceuticals, together with non-ferrous metals as several businesses within these industries saw of instances of downtime and maintenance shutdowns. In contrast, growth in computer and electrical equipment and repair and installation of machinery contributed to mitigating the manufacturing output decline in October. On a yearly basis, manufacturing production grew 1.9 percent, the least in eight months. source: Statistics Norway

Manufacturing Production MoM in Norway averaged 0.08 percent from 1990 until 2021, reaching an all time high of 7.40 percent in June of 1996 and a record low of -5.30 percent in May of 1996. This page includes a chart with historical data for Norway Manufacturing Production MoM. Norway Manufacturing Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

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Norway Manufacturing Production MoM

Calendar GMT Actual Previous Consensus TEForecast
2021-11-08 07:00 AM Sep 0.6% 0% 0.7%
2021-12-07 07:00 AM Oct -0.9% 0.6% -0.3%
2022-01-07 07:00 AM Nov -0.9%

Related Last Previous Unit Reference
Business Confidence 8.80 11.00 points Sep/21
Industrial Production Mom -5.30 3.30 percent Oct/21
Industrial Production 6.90 7.90 percent Oct/21
Manufacturing Production 1.90 3.60 percent Oct/21
Capacity Utilization 80.00 79.80 percent Sep/21
New Orders 146.10 97.80 points Dec/17
Changes in Inventories 22636.00 17822.00 NOK Million Sep/21
Bankruptcies 309.00 324.00 Companies and Individuals Oct/21
Car Registrations 17605.00 14687.00 Nov/21
Manufacturing Production MoM -0.90 0.60 percent Oct/21
Leading Economic Index 0.60 1.00 percent Sep/21
Mining Production -18.10 -19.50 percent Jun/21
Norway Manufacturing Production MoM
In Norway, manufacturing accounts for 27 percent of total production, mainly: food, beverages and tobacco (5 percent); refined petroleum, chemicals and pharmaceutical products (4 percent); machinery and equipment (3 percent); fabricated metal products (2 percent); ships, boats and oil platforms (2 percent); computer and electrical equipment (2 percent); repair, installation of machinery (2 percent); rubber, plastic and mineral products (2 percent); and basic metals (2 percent).