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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NORWAY
Next week’s Regional Network Survey will provide a clearer signal of manufacturing sector’s outlook than the volatile industrial production data. However, the 3m/3m growth rate of the manufacturing IP series appears consistent with recovering sentiment indices.
- Manufacturing IP (which excludes the extraction industry) rose 2.0% M/M and 6.6% Y/Y. The 3m/3m SA series, which smooths out a little of the monthly volatility, rose 1.7% Y/Y (vs -0.7% in June and a Jan-June average of 0.5%).
- Statistics Norway’s industrial confidence index and the 3mma of the (also volatile) manufacturing PMI have each recovered through this year.
- Headline IP (which includes the extraction industry) fell 3.8% M/M, but rose more aggressively on a 3m/3m and Y/Y basis at 5.5% and 10.1% respectively.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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