Norway Industrial Confidence  1988-2017 | Data | Chart | Calendar

Business confidence in Norway rose to 0 in the fourth quarter of 2016 from -5 in the September quarter. It was the highest reading since the third quarter 2014, supported by an increase in the output of consumer goods (mainly food production) and intermediate goods (such as wood and wood products, rubber, plastic and mineral product). In contrast, a further decline in the output was seen from manufacturers of capital goods, where low activity among suppliers to the oil and gas sectors continued. Meanwhile, general outlook for the coming quarter is positive. However, business leaders report that investment plans are adjusted downwards and that employment will see a further drop. Business Confidence in Norway averaged 2.67 from 1988 until 2016, reaching an all time high of 20.10 in the fourth quarter of 2006 and a record low of -22.90 in the fourth quarter of 2008.

Norway Industrial Confidence
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-29 08:00 AM Q2 -2 -7 -5
2016-10-28 06:00 AM Q3 -5 -2 0 -5
2017-01-30 07:00 AM Q4 0 -5 -2
2017-04-21 06:00 AM Q1 0 -0.22
2017-07-25 06:00 AM Q2 1.19
2017-10-20 06:00 AM Q3 2.56




Norway Business Last Previous Highest Lowest Unit
Business Confidence 0.00 -5.00 20.10 -22.90 [+]
Manufacturing PMI 52.60 51.70 64.80 34.70 [+]
Industrial Production 1.30 -1.50 15.40 -13.10 percent [+]
Industrial Production Mom 3.40 -2.20 12.30 -9.30 percent [+]
Manufacturing Production -0.90 -1.90 8.90 -10.40 percent [+]
Capacity Utilization 76.80 77.50 85.50 76.20 percent [+]
New Orders 106.70 102.50 171.00 39.70 Index Points [+]
Changes in Inventories 38054.00 32918.00 58918.00 3266.00 NOK Million [+]
Bankruptcies 419.00 372.00 595.00 43.00 Companies and persons [+]
Car Registrations 15265.00 16757.00 19014.50 4089.00 Cars [+]
Competitiveness Index 5.44 5.41 5.44 5.14 Points [+]
Competitiveness Rank 11.00 11.00 17.00 11.00 [+]
Ease of Doing Business 6.00 8.00 10.00 6.00 [+]
Electricity Production 15311.00 14110.00 16376.00 6653.00 Gigawatt-hour [+]
Corruption Index 85.00 87.00 91.00 79.00 Points [+]
Corruption Rank 6.00 5.00 14.00 5.00 [+]
Steel Production 50.97 45.00 97.00 0.00 Thousand Tonnes [+]
Mining Production 32.90 10.60 69.00 -28.20 percent [+]



Norway Industrial Confidence Notes

In Norway, Industrial confidence indicator (ICI) Business tendency survey is the arithmetic average of the responses (balances) to the questions on production expectations, total stock of orders and inventories of own products. The indicator is a guide to the level of industrial production since: an expected rise in the level of output gives signals of increased production in the forthcoming quarter; an increase in the total stock of orders indicates a higher level of production due to the future fulfillment of these orders; an increase in the inventories of own products indicates slow sales and reduced activity. This page provides - Norway Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Industrial Confidence - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.00 -5.00 20.10 -22.90 1988 - 2016 Quarterly
SA



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Albania -0.10 Dec/16
Angola -32.00 Sep/16
Armenia 51.00 Jun/16
Australia 7.00 Feb/17
Austria 1.10 Feb/17
Bangladesh 9.96 Dec/14
Belgium -1.60 Mar/17
Brazil 54.00 Mar/17
Bulgaria 27.60 Mar/17
Canada 55.00 Feb/17
Cape Verde 4.00 Dec/16
Chile 45.98 Feb/17
China 51.60 Feb/17
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Croatia 6.00 Feb/17
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Czech Republic 94.10 Mar/17
Denmark -2.00 Feb/17
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Euro Area 0.82 Feb/17
European Union 108.90 Feb/17
Finland 1.50 Feb/17
France 104.00 Mar/17
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Germany 112.30 Mar/17
Greece 92.90 Feb/17
Hong Kong -1.00 Mar/17
Hungary 4.50 Feb/17
India 57.20 Jun/16
Indonesia 106.70 Dec/16
Ireland 16.00 Dec/16
Israel 21.30 Feb/17
Italy 107.10 Mar/17
Japan 10.00 Dec/16
Kazakhstan 2.00 Dec/16
Latvia 0.30 Feb/17
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Luxembourg 108.50 Feb/17
Macedonia 25.30 Feb/17
Malaysia 81.20 Dec/16
Maldives 49.00 Dec/16
Malta 115.30 Feb/17
Mauritius 97.50 Dec/16
Mexico 43.24 Feb/17
Mozambique 92.60 Jan/17
Netherlands 7.80 Mar/17
New Caledonia 88.60 Dec/16
New Zealand 16.60 Feb/17
Nigeria -29.00 Dec/16
Norway 0.00 Dec/16
Peru 57.00 Jan/17
Philippines 39.40 Mar/17
Poland 6.40 Mar/17
Portugal 1.30 Feb/17
Qatar 20.20 Sep/16
Romania 0.70 Feb/17
Russia -2.00 Mar/17
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore -14.00 Dec/16
Slovakia 11.70 Feb/17
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South Africa 40.00 Mar/17
South Korea 79.00 Mar/17
Spain 1.90 Feb/17
Sri Lanka 102.00 Dec/16
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Switzerland 107.20 Feb/17
Thailand 50.10 Feb/17
Turkey 108.10 Mar/17
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United States 57.70 Feb/17