7918_not-searchable
/en/energi-og-industri/statistikker/lsi/kvartal
7918
Increased stocks of finished goods
statistikk
2009-05-15T10:00:00.000Z
Energy and manufacturing;National accounts and business cycles
en
lsi, Index of stocks in manufacturing (discontinued), total stocks, finished goods, unfinished goods, value, volumeBusiness cycles , Manufacturing, mining and quarrying , National accounts and business cycles, Energy and manufacturing
false

Index of stocks in manufacturing (discontinued), Q1 2009

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Increased stocks of finished goods

Total stocks in manufacturing were up from the first quarter of 2008 to the first quarter of 2009 and are now at a high level. The rise of stocks is mainly driven by higher stocks of finished goods.

Stock volume. Changes in one year

In fixed prices, the total stocks were up by 4.2 per cent from the first quarter of 2008 to the first quarter of 2009. The main reason for this was higher stocks of finished goods.

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 in 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 increases if the production is not adjusted according to the demand. Weakened demand and reduced production will over time lead to a reduction in the stock of finished goods.

Stock level1
Industrial Classification Change in stock value
4th quarter 2007-4th quarter 2008 1st quarter 2008-1st quarter 2009
Total 4.6 8.9
Basic Chemicals 20.5 11.2
Basic Metals 17.0 -5.7
Machinery and Eqipment 36.3 22.9
Ships, boats and oil plattforms 11.4 9.7
1  Unadjusted value series.

Important announcement: New industry classification

As from the first quarter of 2009, a new version of Eurostat's industry classification, NACE, will be in use. Statistics on stocks are affected by the change of nomenclature from the publication of the first quarter of 2009 results. Click here to read more about the implications for users, calculation and dissemination.