Content
Published:
This is an archived release.
Total stocks declined
Total stocks were somewhat lower in the first quarter 2003 than in the first quarter last year. This was due to less stocks of finished goods. Historically however - unfinished goods are at a relatively high level.
Recorded figures for the first quarter of 2003 show that total stocks were approximately 5 per cent lower - measured in current prices - than in the corresponding quarter last year. This was mainly caused by a considerable decline of finished goods in the industry oil platforms and modules. Unfinished goods were lower than in the fourth quarter of 2002, but nevertheless noticeable higher than in the corresponding quarter last year.
Stock level1 |
Industrial Classification | Change in stock value | ||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4. q. 2001-4. q. 2002 | 1. q. 2002-1. q. 2003 | ||||||||||||||||||||||||||||||||||||||
Total | 9.2 | -4.2 | |||||||||||||||||||||||||||||||||||||
Basic Chemicals | -11.7 | 8.9 | |||||||||||||||||||||||||||||||||||||
Basic Metals | -19.4 | -19.2 | |||||||||||||||||||||||||||||||||||||
Machinery and Eqipment | -25.0 | -27.6 | |||||||||||||||||||||||||||||||||||||
Oil Platforms and Modules | 58.6 | 14.1 | |||||||||||||||||||||||||||||||||||||
1 | Unadjusted value series. |
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