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  • Decline in manufacturing output in April

    Norwegian manufacturing output saw a decline of 1.6 per cent from March to April 2020, according to seasonally adjusted figures. The activity was affected by the measures introduced in order to mitigate the spreading of the Corona-virus in Norway....

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  • 2020 estimates for oil investments marginally reduced

    Total investments in oil and gas activity in 2020, including pipeline transportation, are now expected to amount to NOK 180.3 billion. The estimates for 2020 are downward adjusted marginally with 3 per cent compared to the previous survey.

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  • Strong decline in total investments for 2021

    Companies’ latest investment estimates for 2020 are expected to decrease within oil and gas, manufacturing, mining and quarrying and electricity supply. There is suggested a sharp decline in total investments for 2021.

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  • Significant drop in electricity prices

    The average price of electricity for households, excluding taxes and grid rent, was 26.8 øre per kWh in the first quarter of 2020. Compared to the first quarter of 2019, which had a very high price, the electricity price was down 51 per cent.

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  • Energy prices continue to drop

    Significant price reductions on most energy goods caused a further decrease in the Producer Price Index in April. Natural gas had a positive price development, but only due to a weak Norwegian krone.

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  • Significant drop in manufacturing output

    Norwegian manufacturing output saw a significant drop of 3 per cent from February to March 2020, according to seasonally adjusted figures. The activity was strongly affected by the measures introduced in order to mitigate the spreading of the Coro...

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  • Reduced manufacturing turnover in the first quarter

    Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing decreased by 1.0 per cent in the first quarter of 2020 compared with the last quarter of 2019. A 2.8 per cent increase in manufacturing turnover was recorded from ...

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  • Gloomy outlook for the second quarter

    Norwegian industrial managers report a fall in the total production volume in the first quarter of the year. The general outlook for the second quarter of 2020 is characterized by pessimism and great uncertainty by the majority of industrial leade...

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  • An uneasy world made its mark on PPI

    March saw the largest monthly decrease in producer price index (PPI) in over 15 years. Uncertainties relating to the corona pandemic and the petroleum markets' are the main causes of this downturn.

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  • Reduced manufacturing turnover

    Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing decreased by 1.4 per cent in the period December 2019 to February 2020 compared with the previous three-month period. A 1.6 per cent increase in manufacturing turn...

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  • Minor changes in manufacturing output

    Norwegian manufacturing output was more or less unchanged from December 2019-February 2020 compared to the previous three-month period, according to seasonally adjusted figures. On a monthly basis, from January to February 2020, there was a minor ...

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  • Downturn in export prices in February

    The producer price index (PPI) fell by 3.3 per cent from January to February. Reduced export prices on oil and gas had the largest impact, but reduced electricity prices were another contributing factor.

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  • Manufacturing turnover still at a high level

    Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing increased by 0.4 per cent in the period November 2019 to January 2020 compared with the previous three-month period. A 1.4 per cent increase in manufacturing turno...

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  • Unchanged manufacturing output

    Norwegian manufacturing output was unchanged from November 2019-January 2020 compared to the previous three-month period, according to seasonally adjusted figures. The long term trend now shows an almost flat production development since June 2019.

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  • Oil investment estimate for 2020 upward adjusted

    Total investments in oil and gas activity in 2020, including pipeline transportation, are estimated at NOK 185.4 billion, which is 1,5 per cent higher than estimated in the previous quarter.

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