
Norwegian industrial production experienced a month-on-month increase of 1% in August, according to data released by Statistics Norway on Wednesday. This rise comes after a significant drop of 7.1% in July. The recovery was primarily driven by a notable rebound of 16.7% in the mining and quarrying sector, while extraction and related services grew by 1.8%. In contrast, manufacturing production saw a decline of 0.4%. Year-on-year, the decline in industrial production moderated to 0.6% in August, an improvement from a 1.8% decline recorded in July.