Recent survey: Activity in Norwegian industry is still high, but growth is slowing

The Norwegian PMI fell in January, but is still at a high level. The biggest challenges are related to bottlenecks and stockpiling.

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The Norwegian PMI, often used as an indicator of industrial activity, fell by one point to 56.5 in the first month of the year when adjusting for seasonal fluctuations.

It shows a report prepared by DNB in ​​collaboration with Nima (Norwegian Association for Purchasing and Logistics).

The level is still above the historical average and indicates continued growth.

The relatively good development in industrial activity here at home follows what has been seen in many other countries, and reflects the solid demand for consumer goods.

This was the development in the five sub-indices from December to January:

  • Production fell 2.8 points to 53.2

Order entry step 1.0 points to 53.4 Employment step 1, 5 points to 56.6

  • Suppliers’ delivery time fell 5.8 points to 76.7
  • Inventories of purchased goods fell 0.9 points to 56.4
  • I PMI- the index gives values ​​above 50 expressions of increased activity or growth, while values ​​below 50 can opposite decrease. (Terms) Copyright Dagens Næringsliv AS and / or our suppliers. We would like you to share our cases using a link, which leads directly to our pages. Copying or other use of all or part of the content may only take place with written permission or as permitted by law. For further terms see here .

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