FX.co ★ Norway Manufacturing Output Growth Accelerates

In April 2025, Norway experienced a robust 2.8% month-on-month increase in manufacturing production, bouncing back from stagnation in the preceding month. This growth represents the most significant rise in industrial activity since last December, fuelled by enhanced output across several pivotal sectors. These include refined petroleum, chemicals, and pharmaceuticals, which grew by 3.4% compared to the previous 2.1%; non-ferrous metals at 3.2% up from 1.3%; machinery and equipment at 1.4% versus 0.3%; and ships, boats, and oil platforms, showing a remarkable increase of 8.7% from 0.1%. Additionally, sectors such as food, beverages, and tobacco saw a recovery with a 2.7% growth compared to a previous decline of 0.3%. The printing and reproduction sector climbed to 4.7% from a decrease of 0.7%, and computer and electrical equipment rose by 3.5%, recovering from a significant drop of 2.9%. On an annual scale, manufacturing output surged by an unprecedented 10.3%, markedly accelerating from a modest 0.2% increase recorded in March.