Content
Published:
This is an archived release.
Reduced stocks in industry
Total stocks in manufacturing were reduced by 7 per cent in the second quarter of 2010 to the third quarter of 2010, and by 14 per cent from the same quarter last year.
In fixed prices, total stocks in the Norwegian order-based industry were reduced in both unfinished goods by 4 per cent and finished goods by 12 per cent from the second quarter of 2010 to the third quarter of 2010. These figures may be a sign that higher demand due to the increased economic activity has resulted in a significant reduction of stocks of finished goods.
Industrial Classification | Change in stock volume | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2.q. 2010-
3. q. 2010 |
3.q. 2009-
3. q. 2010 |
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Total | -7.1 | -13.4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basic Chemicals | 0.1 | 17.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basic Metals | 9.5 | -14.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Machinery and Eqipment | -6.8 | -4.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ships, boats and oil plattforms | -10.6 | -20.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1 | Unadjusted value series. |
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. |
Extended release of results in the StatBank: The coverage in the Statbank is extended from the release of results for the Statistics on stocks in the third quarter of 2010. One new table is available: 08187: Statistics on stocks The new table also covers results from the former table in the Statbank: 07104: Statistics on stocks, SIC2007. This table is therefore removed. |
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