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Published:
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Decline in total stocks
Total stocks were down throughout the 3rd quarter of 2001 mainly due to a decline in stocks of unfinished goods. Stocks of finished goods continued to fall, but were still higher than in the 3rd quarter of 2000.
A period of moderate growth in stocks of unfinished goods came to an end throughout the 3rd quarter of 2001. Combined with a slight decline in stocks of finished goods, total stocks fell more than 11 per cent from the 2nd quarter 2001, and as much as 24 per cent compared with the corresponding period last year - measured in fixed prices. Consequently stocks are back to the level in the 3rd quarter 1999. The size of the decline has to be seen in conjunction with a very high level of stocks of unfinished goods in the 3rd quarter of 2000.
Machine industry: Down 35 per cent
Total stocks showed a considerable decline in the 3rd quarter 2001, and were down as much as 35 per cent compared with the corresponding period last year. The extremely low index must be looked at in connection with a considerable decline in influx of orders in the corresponding period.
Stock level1 |
Change in stock value | |||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Industrial Classification | 2.q. 00-2.q. 01 | 3.q. 00-3.q. 01 | |||||||||||||||||||||||||||||||||||||
Total | -7,2 | -23,8 | |||||||||||||||||||||||||||||||||||||
Basic Chemicals | 15,5 | 13,2 | |||||||||||||||||||||||||||||||||||||
Basic Metals | 14,2 | -20,9 | |||||||||||||||||||||||||||||||||||||
Machinery and Eqipment | 4,4 | -34,6 | |||||||||||||||||||||||||||||||||||||
Oil Platforms and Modules | -30,6 | -50,5 | |||||||||||||||||||||||||||||||||||||
1 | Unadjusted value series. |
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