Norway's industrial production expanded for the second consecutive month in January , rising 1.0 percent month-over-month following December's 0.9 percent gain. The growth was primarily driven by the extraction and related services segment, which increased 1.2 percent, while mining and quarrying surged 21.7 percent. However, manufacturing production declined 0.3 percent, indicating uneven recovery across sectors. Year-over-year, industrial production accelerated significantly to 6.3 percent in January compared to 2.3 percent in December, suggesting strengthening economic momentum. This sustained expansion in Norway's industrial output reflects broader economic resilience in the Nordic region and could support continued growth in the coming months.
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Post from MarketNews_en
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