Main Quotes Calendar Forum
flag

FX.co ★ Norway Industrial Production Falls For Second Month

back back next
typeContent_19130:::2022-12-07T08:05:00

Norway Industrial Production Falls For Second Month

Norway's industrial production fell for the second consecutive month in October as a result of major declines in output from mining and quarrying, and extraction and related services, data from Statistics Norway showed on Wednesday.

Industrial production fell a seasonally adjusted 1.2 percent month-over-month in October, slower than the 2.5 percent decrease in September.

Production in extraction and related services contracted 4.4 percent over the month, and output produced in the mining and quarrying segment dropped 4.0 percent.

Meanwhile, manufacturing production managed to advance by 0.3 percent since September, while utility production logged a double-digit growth of 12.7 percent.

On a yearly basis, industrial production growth quickened to 3.5 percent in October from 0.9 percent in the prior month.

Share this article:
back back next
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...