Norway’s manufacturing sector showed signs of stabilisation in mid-summer, with production rising 0.7% month-over-month in July 2026, following a 1.0% decline in June. The latest figures, updated on 7 September 2026, point to a modest recovery in industrial activity after a setback at the end of the second quarter.
On a month-over-month basis, the July uptick contrasts with June’s negative print, when manufacturing output fell 1.0% versus May 2026. The improvement suggests that some of the weakness seen in early summer may have been temporary, with factories regaining momentum as the third quarter began.
The data are based on a straightforward sequential comparison: the current reading measures the change in July relative to June, while the previous indicator captured the change in June versus May. Investors and policymakers will be watching upcoming releases closely to see whether July’s rebound marks the start of a more sustained recovery in Norway’s manufacturing activity.
