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This is an archived release.
Reduced stocks in industry
Total stocks in manufacturing were further reduced in the fourth quarter of 2009. Reduced stocks within ships, boats and oil platforms contributed the most.
In fixed prices, total stocks decreased 21.7 per cent from the fourth quarter of 2008 to the fourth quarter of 2009. Reduced stocks of unfinished goods were the main reason for this development. This development must be looked upon on the basis of the international financial crisis ( Statistics on new orders ). Historically, total stocks in manufacturing were still at a high level.
Unfinished goodscorrespond 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 goodscorrespond 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. |
Industrial Classification | Change in stock value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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3.q. 2008-3.q. 2009 | 4.q. 2008-4.q. 2009 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | -9.9 | -20.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basic chemicals | -10.8 | -9.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basic metals | -29.3 | -35.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Machinery and eqipment | 10.9 | 2.4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ships, boats and oil plattforms | -11.2 | -31.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1 | Unadjusted value series. |
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