finance
Norway Industrial Production Fell 1 Percent Month-over-Month in May While Manufacturing Rose
Norway's overall industrial output declined 1.0 percent from the prior month in May while manufacturing rose 0.7 percent. The data revised earlier estimates lower for both overall and annual comparisons.
Jul 13, 2:00 AM·1m read1 source
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Norway's industrial production fell 1.0 percent month-over-month in May, reversing a previously reported 0.6 percent gain, @LiveSquawk reported. The year-over-year increase stood at 0.5 percent, down from the earlier 1.2 percent figure. Manufacturing output within the industrial sector rose 0.7 percent month-over-month, compared with a prior reading of minus 0.9 percent.
On an annual basis, manufacturing production increased 2.2 percent after a previously reported decline of 0.6 percent.
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