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 51.40 51.60 64.80 34.70 [+]
Industrial Production -1.40 1.30 15.40 -13.10 percent [+]
Industrial Production Mom -2.70 0.70 12.30 -9.30 percent [+]
Manufacturing Production -2.00 -4.20 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 372.00 272.00 595.00 43.00 Companies and persons [+]
Car Registrations 16757.00 15450.00 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 14110.00 13167.00 16376.00 6653.00 Gigawatt-hour [+]
Corruption Index 87.00 86.00 91.00 79.00 Points [+]
Corruption Rank 6.00 5.00 14.00 5.00 [+]
Steel Production 42.06 57.22 97.00 0.00 Thousand Tonnes [+]
Mining Production 10.30 9.40 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 February 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 10.00 Jan/17
Austria 1.20 Jan/17
Bangladesh 9.96 Dec/14
Belgium 0.50 Jan/17
Brazil 53.10 Feb/17
Bulgaria 20.20 Jan/17
Canada 57.20 Jan/17
Cape Verde 4.00 Dec/16
Chile 44.88 Jan/17
China 51.30 Jan/17
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Czech Republic 97.00 Jan/17
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Euro Area 0.77 Jan/17
European Union 108.50 Jan/17
Finland 3.60 Jan/17
France 106.00 Jan/17
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Germany 109.80 Jan/17
Greece 95.10 Jan/17
Hong Kong -1.00 Mar/17
Hungary 4.40 Jan/17
India 57.20 Jun/16
Indonesia 106.70 Dec/16
Ireland 16.00 Dec/16
Israel 19.80 Jan/17
Italy 104.80 Jan/17
Japan 10.00 Dec/16
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Latvia -4.00 Jan/17
Lithuania -4.70 Jan/17
Luxembourg 113.90 Jan/17
Macedonia 26.20 Jan/17
Malaysia 81.20 Dec/16
Maldives 49.00 Dec/16
Malta 111.20 Jan/17
Mauritius 97.50 Dec/16
Mexico 52.28 Jan/17
Mozambique 91.00 Dec/16
Netherlands 6.00 Jan/17
New Caledonia 79.90 Jun/16
New Zealand 21.70 Dec/16
Nigeria -29.00 Dec/16
Norway 0.00 Dec/16
Peru 57.00 Jan/17
Philippines 39.80 Dec/16
Poland 2.70 Jan/17
Portugal 1.20 Jan/17
Qatar 20.40 Jun/16
Romania 1.20 Jan/17
Russia -3.00 Jan/17
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore -14.00 Dec/16
Slovakia 9.30 Jan/17
Slovenia 9.00 Jan/17
South Africa 38.00 Dec/16
South Korea 75.00 Jan/17
Spain -0.70 Jan/17
Sri Lanka 102.00 Dec/16
Sweden 108.90 Jan/17
Switzerland 101.70 Jan/17
Thailand 50.10 Jan/17
Turkey 97.00 Jan/17
Uganda 53.99 Jan/17
Ukraine 108.70 Dec/16
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United States 56.00 Jan/17