Norway Industrial Output Rebounds 2.1%

(RTTNews) - Norway's industrial production expanded in April after falling in the prior month, data from Statistics Norway showed on Friday.

Industrial production rose a seasonally adjusted 2.1 percent month-over-month in April, reversing a 0.4 percent fall in March.

The strong rebound was driven by a 2.8 percent growth in the manufacturing sector and a 2.1 percent rise in the extraction and related services.

Output produced in the utility segment advanced 2.0 percent, while mining and quarrying production plunged 7.2 percent.

On a yearly basis, industrial production recovered 0.3 percent in April versus a 3.2 percent decline a month ago.