Financial News: Norway Industrial Production Surges 7.9%

Norway Industrial Production Surges 7.9%

08/07/2024 - 05:28:00 (RTTNews)

(RTTNews) - Norwegian industrial production expanded for the second straight month in June and at an accelerated pace, data from Statistics Norway showed on Wednesday.

Industrial production rose a seasonally adjusted 7.9 percent month-on-month in June, much faster than the 0.6 percent rebound in May.

Data showed that manufacturing output grew 1.4 percent over the month versus a 1.7 percent rise in May.

Production in extraction and related services advanced 9.4 percent, while mining and quarrying output declined by 5.9 percent.

On a yearly basis, industrial production growth quickened to 14.9 percent in June from 6.0 percent a month ago.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Swiss Consumers More Pessimistic In August (19 min(s), 01 sec(s) ago)
(RTTNews) - Confidence among Swiss consumers remained more negative in August, survey results from ...Full Story»

U.S. Job Growth Misses Estimates In August But Unemployment Rate Dips (52 min(s), 01 sec(s) ago)
(RTTNews) - Employment in the U.S. rose by less than expected in the month of August, according to ...Full Story»

Czech Industrial Output Decline Softens; Trade Deficit Narrows (01 hr(s), 29 min(s), 01 sec(s) ago)
(RTTNews) - The Czech Republic's industrial production decreased for the fifth straight month, ...Full Story»

U.S. Employment Climbs Less Than Expected In August (01 hr(s), 36 min(s), 01 sec(s) ago)
(RTTNews) - Employment in the U.S. rose by less than expected in the month of August, according to ...Full Story»

Eurozone GDP Growth Slows In Q2 (02 hr(s), 02 min(s), 01 sec(s) ago)
(RTTNews) - Euro area economic growth rate for the second quarter was revised down as the positive ...Full Story»

France Industrial Output Falls 0.5% (02 hr(s), 29 min(s), 01 sec(s) ago)
(RTTNews) - France's industrial production decreased more-than-expected in July after reboundi ...Full Story»

Italy Retail Sales Rebound 0.5% (03 hr(s), 16 min(s), 01 sec(s) ago)
(RTTNews) - Italy's retail sales increased more-than expected in July after falling in the pre ...Full Story»

French Trade Gap Narrows In July (03 hr(s), 47 min(s), 01 sec(s) ago)
(RTTNews) - France's trade deficit decreased in July from a year ago as imports fell faster th ...Full Story»