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This is an archived release.
Decline in stocks of unfinished goods
Total stocks showed a considerable downturn throughout the 4th quarter of 2000. The development is explained by changes in stocks of unfinished goods, which were significantly lower compared with the previous quarter.
The total industry stock fell by 16 per cent - measured in current prices - compared with 12 months before. Measured in fixed prices this amounts to a reduction of 21 per cent. Stocks of unfinished goods were down - measured in current and fixed prices - strongly influenced by the closing of major projects within the industry Oil Platforms and Modules. If this sector were kept out of the calculations, total stocks would have shown an increase of 1 per cent - measured in current prices.
Stock level1 |
Change in stock value | |||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Industrial Classification | 3.q. 99-3.q. 00 | 4.q. 99-4.q. 00 | |||||||||||||||||||||||||||||||||||||
Total | 31.3 | -15.5 | |||||||||||||||||||||||||||||||||||||
Basic Chemicals | -10.1 | 2.9 | |||||||||||||||||||||||||||||||||||||
Basic Metals | 9.8 | 3.8 | |||||||||||||||||||||||||||||||||||||
Machinery and Eqipment | -17.1 | -16.8 | |||||||||||||||||||||||||||||||||||||
Oil Platforms and Modules | 107.0 | -41.4 | |||||||||||||||||||||||||||||||||||||
1 | Unadjusted value series. |
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