FX.co ★ Norway’s Manufacturing Output Slips 0.1% in December, Ending Two-Month Growth Streak

Norway’s manufacturing production edged down 0.1% month-over-month in December 2025, reversing part of the solid gain recorded in the previous month. The latest data, updated on 06 February 2026, show that the sector lost momentum after a 2.0% increase in November 2025.

The figures are based on a month-over-month comparison, meaning December’s performance is measured against November, while the November indicator reflected changes relative to October. The mild contraction in December suggests a pause in the recent upward trend in industrial activity, following a strong late-year rebound in Norwegian manufacturing.

While the decline is marginal, it underscores increased volatility in short-term production dynamics at the close of 2025, and will likely be monitored closely for signs of whether this is a temporary correction or the start of a broader cooling in the sector.