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/en/energi-og-industri/statistikker/lsi/kvartal
7916
High level of stocks in industry
statistikk
2009-08-21T10:00:00.000Z
Energy and manufacturing;National accounts and business cycles
en
lsi, Index of stocks in manufacturing (discontinued), total stocks, finished goods, unfinished goods, value, volumeBusiness cycles , Manufacturing, mining and quarrying , National accounts and business cycles, Energy and manufacturing
false

Index of stocks in manufacturing (discontinued), Q2 2009

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High level of stocks in industry

Total stocks in manufacturing continued to grow in the second quarter of 2009. This was largely due to increased stocks of finished goods within the machine and equipment sector together with higher stocks within ships, boats and oil platforms.

Stock volume. Changes in one year

In fixed prices, total stocks increased 4 per cent from the second quarter of 2008 to the second quarter of 2009. In current prices, this equates to 8.1 per cent. The volume changes in stocks since the second quarter of 2008 have shown a weaker growth, but the stocks are still at a high level in the second quarter of 2009. This applies to both finished and unfinished goods.

Unfinished goods correspond to products or parts of such products under construction. At a generally high activity level, the stocks of unfinished goods will usually be at a higher level than in a lower activity level.

Finished goods correspond to products that are made ready for further sale to customers. A weakened demand will lead to stocks of finished goods increasing if the production is not adjusted according to the demand. The opposite is the case with an increasing demand and where the production is not adjusted according to the demand.

Stock level1
Industrial Classification Change in stock value
1.q. 2008-
1.q. 2009 		2.q. 2008-
2.q. 2009
Total 10.3 8.1
Basic Chemicals 11.2 -13.7
Basic Metals -5.7 -4.7
Machinery and Eqipment 23.9 33.7
Ships, boats and oil plattforms 10.6 7.0
1  Unadjusted value series.

Important announcement: New industry classification

As from the first quarter of 2009, a new version of Eurostat's industry classification, NACE, will be in use. Statistics on stocks are affected by the change of nomenclature from the publication of the first quarter of 2009 results. Click here to read more about the implications for users, calculation and dissemination.