Breaking News

Norway Manufacturing Purchasing Managers Index (PMI)

Latest Release

Dec 02, 2024

Actual

50.7

52.0

The Manufacturing Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results conducted on manufacturing firms throughout the country. A reading above fifty suggests the manufacturing sector is expanding, while a reading below fifty suggests the manufacturing sector is in contraction. Policymakers and traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, rather than waiting for the hard data to emerge. While manufacturing accounts for a far smaller percentage of economic output than services, it is far more cyclical and is therefore a useful indicator of where in the economic cycle the economy is currently situated.
A reading that is stronger than forecast is generally supportive (bullish) for the NOK , while a weaker than forecast reading is generally negative (bearish) for the NOK.

Importance:

Country:

Currency: NOK

Source: Statistics Norway

Release Date	Time	Actual	Forecast	Previous
Dec 02, 2024 (Nov)	09:00	50.7		52.0
Nov 01, 2024 (Oct)	09:00	52.4		51.7
Oct 01, 2024 (Sep)	08:00	51.8	52.4	52.0
Sep 02, 2024 (Aug)	08:00	52.1	55.5	59.8
Aug 01, 2024 (Jul)	08:00	56.9		48.1
Jul 01, 2024 (Jun)	08:00	47.7		51.7

News

StockBeat: Stoxx 600 Prepares for Another Run at 400 By Investing.com - Nov 01, 2019

By Geoffrey Smith Investing.com -- Europe’s stock markets were broadly higher after early trade on Friday after a strong manufacturing survey from China supported hopes that the worst of that...

Norwegian manufacturing PMI 54.7 vs. 52.7 forecast By Investing.com - Apr 03, 2017

Investing.com - Manufacturing activity in Norway rose more-than-expected last month, official data showed on Monday.In a report, Statistics Norway said that Norwegian Manufacturing PMI rose to a...

Norwegian manufacturing PMI 52.6 vs. 51.6 forecast By Investing.com - Mar 01, 2017

Investing.com - Manufacturing activity in Norway rose more-than-expected last month, official data showed on Wednesday.In a report, Statistics Norway said that Norwegian Manufacturing PMI rose to a...

Analysis

Despite NY Market Holiday, Data Set To Shake This Week's FX By Rajan Dhall - Jul 03, 2017

Despite the NY market holiday over Independence day in the US, we have a number of notable data releases leading up to the main event next week in the May employment report (Friday). In a half day...

Daily Shot: Manufacturing Slowdown Turns Rampant By Sober Look - Sep 02, 2015

We begin with an update on global manufacturing trends. In the United States, the ISM Manufacturing PMI report showed how the recent US dollar strength is choking off American manufacturing recovery....

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