Norway Manufacturing Output Unexpectedly Drops In September

By On November 07, 2018

Norway Manufacturing Output Unexpectedly Drops In September

S & P 500 26.61 2,782.06 (0.97%) Pre-market 06:43:27 AM EST NASDAQ 100 96.57 7,085.42 (1.38%) Pre-market 06:47:49 AM EST DJIA 200.90 25,841.90 (0.78%) Pre-market 06:47:49 AM EST NIKKEI 225 -2.40 22,287.60 (-0.01%) 06:45:38 AM EST Norway Manufacturing Output Unexpectedly Drops In September RTTNews Nov. 7, 2018, 06:43 AM

(RTTNews) - Norway's manufacturing output decreased in September, defying expectations for a gain, mainly due to a decline in the production of food, figures from Statistics Norway showed on Wednesday.

Manufacturing output fell 0.3 percent from August. Economists were looking for a 0.4 percent increase.

Product ion of food, beverages and tobacco registered a 4.2 percent fall.

In contrast, manufacture of ships, boats and oil platforms increased 4.3 percent.

Overall industrial production decreased 1.5 percent monthly in September.

On a year-on-year basis, manufacturing output grew 1.5 percent and industrial production rose 0.7 percent.

In the third quarter, manufacturing output rose 0.6 percent from the previous three months and industrial production increased 1.4 percent.

SEE ALSO: The loonie is climbing after the Bank of Canada raised its benchmark rate to 1.5% » READ NOW: Facebook says Russia may have been behind a fresh plot to contaminate US democracy during the midterms » SUBSCRIBE NOW:

SHARE THIS POST

your MARKET VIEW

Your Personalized Market Center

Find News

Markets News Stock News Norway Manufacturing Output Unexpectedly Drops In September Source: Google News Norway | Netizen 24 Norway< /a>

Next
This is the current newest page
Previous
Next Post »