Norway's industrial production increased in May after falling in the previous month, while manufacturing output fell for the first time in three months, figures from Statistics Norway showed Tuesday.
Industrial production increased a calendar-adjusted 4.2 percent year-on-year in May, reversing a 3.6 percent decline in April. In March, production had risen 2.2 percent.
Output of extraction and related services grew 9.8 percent in May following a 5.1 percent drop in the previous month. Utility sector output fell 3.3 percent, slower than April's 4.5 percent drop.
Manufacturing production dropped 2.6 percent in May, reversing the 0.2 percent rise in the previous month. Mining and quarrying output dropped 12.2 percent, reversing the 9.8 percent growth in April.
Group-wise, consumer goods registered decline in production, while energy goods recorded growth in output. Capital goods output turned stable from a decline in April, while intermediate goods output fell at a steeper pace.
Month-on-month, industrial production rose 0.7 percent in May, following a 5 percent drop in the prior month. A decline in manufacturing output eased to 2.1 percent from 3.2 percent in April.
In the March to May period, industrial production fell 1 percent sequentially and manufacturing output declined by 0.1 percent.
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