Norway industrial production

Norway’s industrial production icnreased to 2.1 by 133.33% on May 2021 from 0.9 in the previous month. On a year on year basis Norway’s industrial production decreased by -61.11%. Norway’s industrial production trend is down since the current value of 2.1 is lower than the 12 month moving average of 3.41667. and the 12 month moving average slope is down. Norway’s industrial production 5-year percentile is currently at 78.33%.

Norway industrial production Chart

stmk81447 var1=1751end
| | |

MacroVar offers Free access to our database of historical data for the largest economies and financial markets including economic indicators, stocks, bonds, commodities, currencies and credit default swaps.
  1. Click the CSV button below to download the last 5 years of historical data.
  2. Download for Free unlimited historical data by Creating your free account
Date Value
30/11/2021 2,30
31/10/2021 6,90
30/09/2021 7,90
31/08/2021 2,70
31/07/2021 1,30
30/06/2021 4,30
31/05/2021 2,10
30/04/2021 0,90
31/03/2021 0,60
28/02/2021 1,50

Copy the following Code to your Website


MacroVar API for Python offers free access to last 5 years of historical data. click the Copy Button below and run code in your computer.
To get full historical data:
  1. create a free account
  2. Use your username and password in the code below.




Get notified instantly when MacroVar new signals are available for Norway industrial production. Create your free account


Norway industrial production

Norway Industrial production Statistics

Click here to explore the methodology used for estimating the Norway industrial production signals presented in the statistics table below.

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
industrial production 2.1 0.9 1.33333 -0.611111 -1.0 -1.0 0.783333 2021-05-31

Norway Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Oslo OBX OBX 1203.35 0.5 1 1.50265 69.3647 -1.82 -0.97 4.26 0.00025
Norway ETF ENOR 27.96 1 0.75 1.64988 70.3202 -2.61 -2.98 -3.92 -0.00039
Norwegian Krone US Dollar (NOK/USD) NOKUSD 8.88 -0.5 -1 -1.39952 40.0229 1.66 4.04 8.48 -0.02987
Norway 10-Year Bond Yield NO.10Y 1.13 0 0.75 0.57682 64.5598 -13.21 -21.85 -21.14 -0.33403
Norway 5-Year Bond Yield NO.5Y 0.91 0 0.25 -0.08322 48.3716 -13.83 -21.55 -7.8 -0.59753
Norway 2-year bond yield NO.2Y 0.41 -0.5 -0.75 -0.59766 35.4916 -1.2 -5.75 33.12 -0.9563
Norway Yield Curve NO.YC 0.72 1 1 1.39382 67.4062 -18.83 -28.78 -34.31 21.1

Norway Financial News Stream

Norway Macroeconomic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade 25023 14354 0.743277 -3.71635 1.0 1.0 0.0833333 2021-06-30
building permits 2186 2993 -0.269629 -0.133571 -1.0 -1.0 0.316667 2021-05-31
business confidence 8.2 3.8 1.15789 0.188406 1.0 1.0 0.883333 2021-01-01
capacity utilization 79 77.9 0.0141207 0.0128205 1.0 1.0 0.65 2021-01-01
capital flows -70605 41423 -2.70449 -2.61741 -1.0 -1.0 0 2020-12-01
car registrations 17724 14794 0.198053 0.627847 1.0 1.0 0.966667 2021-06-30
central bank balance sheet 12417600 12006200 0.0342656 0.0950747 1.0 1.0 0.566667 2021-06-30
consumer confidence 2.5 -3.2 -1.78125 -0.865591 -1.0 -1.0 0.383333 2021-06-01
consumer price index cpi 115.3 114.9 0.00348129 0.0285459 1.0 1.0 0.683333 2021-06-30
core inflation rate 1.4 1.5 -0.0666667 -0.548387 -1.0 -1.0 0.1 2021-06-30
current account 94301 5055 17.655 0.110246 1.0 1.0 0.683333 2021-01-01
current account to gdp 1.9 2.8 -0.321429 -0.878205 -1.0 -1.0 0 2020-01-31
deposit interest rate -1 -1 0 -3 -1.0 -1.0 0.183333 2020-12-31
exports 97877 86923 0.12602 0.706839 1.0 1.0 1 2021-06-30
external debt 6063990 6151510 -0.0142274 0.165164 1.0 1.0 0.566667 2021-01-01
fiscal expenditure 436636 395576 0.103798 0.262297 1.0 1.0 0.9 2020-07-01
foreign direct investment -24017 10237 -3.3461 -8.18857 -1.0 -1.0 0.0666667 2020-10-01
foreign exchange reserves 689302 679604 0.0142701 -0.0379958 1.0 -1.0 0.133333 2021-06-30
gdp 403.336 434.167 -0.0710118 0.00598348 -1.0 1.0 0 2019-01-31
Real GDP 895250 900856 -0.00622297 0.01004 1.0 1.0 0.15 2021-03-31
gdp growth -0.6 0.8 -1.75 2 -1.0 -1.0 0.9 2021-01-01
gdp growth annual -1.4 -0.6 1.33333 2.5 -1.0 -1.0 0.95 2021-01-01
government budget 6.4 7.3 -0.123288 -0.625731 -1.0 -1.0 0 2018-02-28
Government budget -96018 -68692 0.397805 8.49733 -1.0 -1.0 0.966667 2020-07-01
government debt 765174 637963 0.199402 0.207728 1.0 1.0 0.716667 2021-01-01
government debt to gdp 40.6 39.4 0.0304569 -0.171429 1.0 -1.0 0 2019-01-31
government revenues 340618 326884 0.0420149 0.0143599 1.0 1.0 0.366667 2020-07-01
housing index 307.24 307.94 -0.00227317 0.101337 1.0 1.0 0.833333 2021-06-30
housing starts 2364 2925 -0.191795 -0.114275 -1.0 -1.0 0.35 2021-05-31
imports 72854 72569 0.0039273 0.0946271 1.0 1.0 0.666667 2021-06-30
industrial production 2.1 0.9 1.33333 -0.611111 -1.0 -1.0 0.783333 2021-05-31
industrial production mom -0.3 -0.1 2 -0.727273 -1.0 1.0 0.633333 2021-05-31
inflation cpi 2.9 2.7 0.0740741 1.07143 1.0 1.0 0.833333 2021-06-30
interbank rate 0.24 0.26 -0.0769231 -0.333333 -1.0 -1.0 0.0166667 2021-06-02
interest rate 0.25 1 -0.75 -0.8 -1.0 -1.0 0.0166667 2020-03-20
lending rate 1 1.25 -0.2 -0.5 -1.0 -1.0 0.0166667 2020-05-31
loan growth 5.2 5 0.04 0.106383 1.0 1.0 0.833333 2021-04-30
loans to private sector 1971330 1950460 0.0107 0.0319263 1.0 1.0 0.433333 2021-05-31
long term unemployment rate 1.1 0.9 0.222222 0.1 1.0 1.0 0.516667 2021-01-01
manufacturing pmi 60.8 58.5 0.0393162 0.245902 1.0 1.0 0.95 2021-06-30
money supply m0 71710 74624 -0.0390491 -0.742 -1.0 -1.0 0.0333333 2021-05-31
money supply m1 2613840 2582130 0.0122806 0.0997261 1.0 1.0 0.733333 2021-05-31
money supply m2 2784670 2752550 0.0116692 0.0900141 1.0 1.0 0.783333 2021-05-31
new home sales 11968 10340 0.157447 0.0551931 1.0 1.0 0.533333 2021-06-30
Producer Price Index 127.4 121.8 0.045977 0.371367 1.0 1.0 1 2021-06-30
PPI Index 37.1 29.4 0.261905 -3.57639 1.0 1.0 0.0666667 2021-06-30
retail sales MoM 5.8 0.4 13.5 0.208333 1.0 1.0 0.766667 2021-05-31
retail sales 5.6 2.9 0.931035 -0.282051 -1.0 -1.0 0.633333 2021-05-31
unemployment rate 5 5.2 -0.0384615 0.315789 1.0 1.0 0.916667 2020-10-31
youth unemployment rate 12.8 10.6 0.207547 0.242718 1.0 1.0 0.883333 2021-03-31

Norway industrial production analysis

Norway’s industrial production measures the year on year percentage change of raw volume of goods produced by industrial firms such as factories, mines, electric utilities etc. Norway’s industrial production is a coincident indicator of economic activity telling us what is happening in the economy now. Industrial production lags Manufacturing PMI and Services PMI indicators by around 6 months. Hence, Manufacturing PMI, Services PMI, Economic Sentiment Indicators for European countries and ISM and NMI are preferred leading economic indicators which predict what economic activity will be in the next three to six months. Explore MacroVar financial knowledge base structured by professional fund managers and economists.

Norway industrial production trend

Norway industrial production trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the Norway industrial production has recorded new highs or lows. Norway industrial production trend change is assumed when the specific indicator has recorded a 3-month high / low or more.

Norway industrial production momentum

Norway industrial production momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.

Feedback
Feedback
How would you rate your experience?
Do you have any additional comment?
Next
Enter your email if you'd like us to contact you regarding with your feedback.
Back
Submit
Thank you for submitting your feedback!