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Stable development in stocks
Total stocks in manufacturing were rather unchanged from the first quarter of 2010 to the second quarter of 2010, but considerably lower than in the corresponding quarter last year.
In fixed prices, total stocks in the Norwegian order based industry were almost unchanged from the first quarter of 2010 to the second quarter of 2010. This indicates a stable economic development. Compared to the corresponding quarter last year, total stocks were 15 per lower in the second quarter of 2010. Reduced stocks of unfinished goods were the main reason for this. The stocks of unfinished goods were more or less unchanged in this period.
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 at 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. |
Industrial Classification | Change in stock value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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1.q. 2009-1.q. 2010 | 2.q. 2009-2.q. 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | -14.2 | -13.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basic Chemicals | 5.7 | 30.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basic Metals | -28.2 | -20.4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Machinery and Eqipment | -5.7 | -7.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ships, boats and oil plattforms | -19.5 | -17.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1 | Unadjusted value series. |
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