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Still reduced stocks in industry
Total stocks in industry continued to fall in the fourth quarter of 2009. Lack of new orders within the industries building of ships, boats and oil platforms mainly contributed to the development.
Manufacturers working on new orders still reported a negative development in total stocks. Total stocks were 31.8 per cent lower in the fourth quarter of 2009 than in the corresponding quarter last year. The results were especially negative within machinery and equipment and ships, boats and oil platforms. Total stocks in industry are now at their lowest level since the third quarter of 2006.
The new orders received have fallen markedly since the start of 2007, but there are now signs indicating that the development is levelling out. Good figures from the industries chemicals and pharmaceutical products played a role in limiting the decline. New orders received in the fourth quarter of 2009 were 17.1 per cent lower than in the corresponding quarter in 2008.
Industrial classification | New orders received (trend)1 | Unfilled orders (original series) Q4 2008-Q4 2009 |
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Q2 2009- Q3 2009 |
Q3 2009- Q4 2009 |
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Total | -19.3 | -6.6 | -31.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basic chemicals | 13.6 | 11.7 | 54.9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basic metals | -19.0 | -2.7 | 8.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Machinery and equipment | -57.5 | -22.1 | -46.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ships, boats and oil plattforms | -20.3 | -17.8 | -47.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1 | Estimated annual changes in trend series, based on change in percentage from previous quarter, converted to annual growth. |
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