Rock-solid Norwegian PMI figures – Obi Online

After the sharp downturn in november, reports the Norwegian innkjøpssjefer now for better times for the Norwegian industry. The recovery from 47,8 in november, to 51,4 in December, suggesting that activity has picked up again, writes NIMA – Norwegian Association for Purchasing and Logistics in a message.

- Industriindeksen increased significantly from november. The increase experienced by the innkjøpslederne in all areas, but especially had the order – and produksjonsindeksene strong influence, summarizes Svein-Egil Hoberg in NIMA

Random noise?

Ordreindeksen increased from 47,2 to 53,1 in December, while the sub-index that indicates the level of production in the industry went from 48,6 to 51,0.
-the Recovery in the ordreindeksen due primarily to a strong increase in domestic activity. A good growth in ordreindeksen demonstrates the innkjøpsledernes expectations of positive development. The index of production had also a very positive development from november, commenting on Hoberg.
in spite of The increased activity in December, indicates the numbers that industrial production rose less in 4. quarter than 3. quarter. At the same time suggesting the figures that the sharp weakening in november due to random noise.
- the Trend shows that the november index of 47,8 large extent can be explained as a temporary or accidental decline, says Hoberg.

Highest employment since 2014

the sub-index for employment rose from 46,8 to 49,9 in December, and is thus at its highest since november 2014. Sysselsettingsindeksen shows a stable development.
-In the last few years have been very busy of employment in the industry. In December experienced innkjøpslederne that there were generally stable employment. An index of 49,9 are as close to unchanged as possible, commenting on the Hoberg in meldngen.
the sub-index for suppliers ‘ delivery times had a pick up from 49,5 to 54,0 while lagerindeksen is the only one that is pointing down in this place.
-This supports the increased demand in the industry. It will now be exciting to see how the PMI-a develops as we move into a new year, end Hoberg.