03.11.202509:00:00UTC+00Norway's Manufacturing PMI Continues Decline: Falls to 47.7 in October

Norway's manufacturing sector took another dip in October as its Manufacturing Purchasing Managers' Index (PMI) fell to 47.7, down from the already sluggish 49.7 recorded in September 2025. The latest data, updated on November 3, 2025, indicates a further contraction in the manufacturing activity, marking a concerning trend for the Nordic nation's industrial performance.

The PMI is a vital economic health indicator, and any figure below 50 signifies a contraction in the manufacturing sector. The current figure of 47.7 underscores the challenges faced by manufacturers in Norway, as global economic pressures and potential domestic issues strain the sector's output.

Industry analysts suggest that the decrease could have been influenced by several factors, including supply chain disruptions, fluctuating demand for goods, and broader economic uncertainties. As stakeholders observe these developments, there will be a keen interest in policy responses aimed at stabilizing and reviving the manufacturing sector in the coming months. Stakeholders and policymakers alike will need to address underlying issues to ensure sustainable growth and prevent further downturns in this critical sector.