Content
Published:
This is an archived release.
Stocks continued to decrease
Total stocks fell further in the third quarter of 2003. This was mainly caused by a pronounced decline in stocks within the industry Oil Platforms and Modules. Otherwise the total stocks were fairly stable.
Measured in current prices total stocks were approximately 22 per cent lower than in the corresponding quarter last year, after a decrease of about 16 per cent from the second to the third quarter of 2003. This decrease was mainly due to the industry Oil Platforms and Modules where stocks of unfinished goods have declined strongly the last two quarters.
Stock level1 |
Industrial Classification | Change in stock value | ||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2. q. 2002-2. q. 2003 | 3. q. 2002-3. q. 2003 | ||||||||||||||||||||||||||||||||||||||
Total | -6.5 | -21.7 | |||||||||||||||||||||||||||||||||||||
Basic Chemicals | 20.3 | 17.3 | |||||||||||||||||||||||||||||||||||||
Basic Metals | 34.9 | 32.3 | |||||||||||||||||||||||||||||||||||||
Machinery and Eqipment | -14.9 | -9.9 | |||||||||||||||||||||||||||||||||||||
Oil Platforms and Modules | -19.2 | -56.8 | |||||||||||||||||||||||||||||||||||||
1 | Unadjusted value series. |
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