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Production in services (sts_os_p)

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Statistics Norway

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The Index of production for services describes the monthly volume development within market-oriented service industries. The statistics cover the main industry areas from H to N, except K, L, M701, M72 and M75, as defined in Standard Industrial Classification (SN2007).

The data set contains unadjusted, calendar adjusted and seasonally adjusted series.

The index of production for services is designed to be an indicator of the economic cycle and is calculated by deflating the turnover index for service activities by producer price indices for services and consumer price indices.  

6 June 2025

The Index of production for services describes the volume development within market-oriented service industries. 

Kind-of-activity unit (KAU) 

The population includes all market-oriented KAU in H, I, J, M (except M701, M72 and M75) and N as defined in Standard Industrial Classification 2007 (SIC2007).

All regions of Norway are covered

Month

The first publication of the production index was in march 2025 for historically time series from january 2019 to january 2025. The monthly figures for 2024 will not be revised.  

For future releases: The first release of the monthly volume index will be revised by final quarterly producer price indices when those are available. In average the final results will be published two months after the first release.

Index

The statistics is produces by use of data compiled for other statistics. No direct data compilation is done.  

The production (volume) index is published as unadjusted, calendar adjusted, seasonally adjusted, smoothed seasonally adjusted figures, and seasonally adjusted, three-month moving average.

The index is an L-type index, calculated by deflating the turnover index for service activities by producer price indices for services and conusmer price indices. The index for each new reference period is calculated by comparing its value directly with the base period (month) value.

The one-month overlap method is used for chain-linking. First the volume index at elementary level (NACE Group level) is calculated by deflating the turnover index by relevant price indices, both turnover and prices are set in relation to the previous January. The chain-linking is done by linking the volume index set in relation to the previous January by the volume index that measures the development from the reference year to the previous January. The published volume index at NACE Divisions, NACE Sectors and total aggregate for service activities are calculated by using value added from SBS as weights.

The weights are updated yearly by a forecast for value added for period y-1. The forecast is made using value added for period y-2 and the VAT rate of change for period y-2 to y-1. 

File conversion: SDMX-ML. 

The statistics are produced by use of data from the Turnover index for service activities and the Producer price indices for services, both produced by sample surveys.

Monthly

The statistics was transmitted to Eurostat and published nationally for the first time the 26th of March 2025 with figures for the period January 2019-January 2025. 

For the statistics period 2024 the average production time for each release of data was 7,5 months + 26 days. 

For the statistics period of 2024 all published and transmitted figures were final, no provisional figures were published or transmitted. 

For January 2025 and after, provisional figures will be published montly, and revised quarterly. 

Data are published on a national level, thus there is no comparability between regions. The statistics are produced according to Council Regulations, thus comparable with other EU countries under the same regulations.

The statistics are comparable back to January 2019.