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Published:
This is an archived release.
Stocks are stable but low
The total industry stock value has shown a slight reduction compared to last quarter. The stock of unfinished goods is down by 3 per cent, while the stock of finished goods is up 1 per cent. The stocks are noticeably lower than 1st quarter last year.
After a lasting reduction in stock value and -volume throughout 1999, the situation now seems to be more stable. From 4th quarter last year to 1st quarter this year the stocks show only minor changes: Finished goods are reduced by 3 per cent, and unfinished goods are up 1 per cent. Even so, the total stock level is now on a significant lower level than 1st quarter last year. The stock of unfinished goods are 35 per cent lower due to a weakening in new orders received, and a low activity in the yard industry have largely contributed to this development. Finished goods are down by 23 per cent during the same period. The value figures show a less negative trend compared to the volume figures, and might be explained by a price improvement in the production industry.
Stock level1. Per cent |
Industrial Clasification | Change in stock value | ||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4.q. 98-4.q. 99 | 1.q. 99-1.q. 00 | ||||||||||||||||||||||||||||||||||||||
Total | -28.5 | -26.8 | |||||||||||||||||||||||||||||||||||||
Basic Chemicals | -14.9 | -19.8 | |||||||||||||||||||||||||||||||||||||
Basic Metals | -2.4 | -1.4 | |||||||||||||||||||||||||||||||||||||
Machinery and Eqipment | -31.0 | -20.5 | |||||||||||||||||||||||||||||||||||||
Oil Platforms and Modules | -45.8 | -34.7 | |||||||||||||||||||||||||||||||||||||
1 | Unadjusted value series. |
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