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Norway Manufacturing Output Rebounds In October

07.12.2018 09:10 (UTC +0)

Norway's manufacturing output increased in October, after a slump in the previous month, figures from the Statistics Norway showed on Friday.

Manufacturing output grew 1.7 percent month-on-month following a 0.7 percent decline in September.

The overall industrial output rose 2.3 percent in October after a 2 percent decline.

Production of food, beverage and tobacco registered a 3.1 percent rise. In contrast, textile, wearing apparel and leather declined 3.1 percent.

On a year-on-year basis, the manufacturing output rose 3.4 percent and industrial production increased 4.5 percent in October. In September, manufacturing output rose 1.1 percent and industrial production grew 4.5 percent.



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