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This is an archived release.
Still another weak quarter
Recorded figures indicate that new orders received and total stocks fell in the second quarter of 2003. Both indicators show a negative trend.
New orders received continued to fall in the second quarter of 2003 and were considerably lower than the level in the same period in 2002. Ignoring the third quarter of 2002, we must back to the middle of the 1990s to find similar values for the indicator. The industries Transport Equipment and Oil Platforms were the main contributors to this development. Total stocks have not been lower since the first quarter of 2000.
Change in value for new orders received and unfilled orders. Per cent |
Industrial Classification | New orders received (trend)1 | Unfilled orders (original series) | |||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4. q. 2002-1. q. 2003 | 1. q. 2003-2. q. 2003 | 2. q. 2002-2. q. 2003 | |||||||||||||||||||||||||||||||||||||
Total | -18.5 | -13.3 | -22.8 | ||||||||||||||||||||||||||||||||||||
Basic Chemicals | 8.6 | 9.7 | -21.7 | ||||||||||||||||||||||||||||||||||||
Basic Metals | -3.5 | 2.7 | 3.9 | ||||||||||||||||||||||||||||||||||||
Machinery and Equipment | -5.9 | -5.9 | -19.3 | ||||||||||||||||||||||||||||||||||||
Oil Platforms and Modules | -25.1 | -25.8 | -26.6 | ||||||||||||||||||||||||||||||||||||
1 | Estimated annual changes in trend series, based on change in percentage from previous quarter. |
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